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I agree with all of those part choices.

The processor should work with the chipset. Basically the newer AMD parts work in AM2+ or AM3 sockets, AM2+ being DDR2 RAM and AM3 being DDR3.

If decoding will be at all CPU intensive I would look at one of AMD's low-power dual-, tri- or quad- cores. They all have a 45W rating but clearly more cores will use more power.