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So finally deciding to build my own computer, anyone have thoughts on the following?

Now the intent is to play new games though not necessarily the highest/most demanding ones. Just most of the ones for the mid term. Trying to hit the best value for performance as opposed to highest performance.

With that in mind, I have the following with prices from Newegg:

 

PSU: OCZ GameXStream OCZ700GXSSLI ATX12V 700W Power Supply - Retail - ($129)

 

CPU: Intel Core 2 Duo E8400 Wolfdale 3.0GHz LGA 775 65W Dual-Core - ($199)

 

RAM: OCZ Gold 2GB (2 x 1GB) 240-Pin DDR2 SDRAM DDR2 800 (PC2 6400) - ($45.99)

 

MOBO: GIGABYTE GA-P35-DS3L LGA 775 Intel P35 ATX - ($89.99)

 

Vid Card: EVGA 512-P3-N801-AR GeForce 8800GT 512MB 256-bit GDDR3 PCI Express 2.0 x16 HDCP Ready SLI ($189.99)

 

Hard Drive: Seagate Barracuda 7200.10 ST3320620AS (Perpendicular Recording Technology) 320GB 7200 RPM - $(74.99)

 

So total price would be: $730 without rebates. The case I'm just going to find a decent low price case from a local store I know of.

Any opinions on this? The only thing I'm not sure about is whether to hold off on the vid card bit for a price drop in the next few months since new cards are coming out. Also whether to get a PCIe 2.0 x16 motherboard for future vid card even though its not used much now. I am planning on overclocking these a little bit.