Ok, I switched mindsets quite a bit, and rather than ordering a package, will be ordering everything individually. Here's what I've got:

Processor: FX 6300 $110 (newegg)
Graphics: Radeon 7870 $170 (newegg)
Motherboard: MSI 970A G43 $60 (tiger)
Memory: 8gbf (2x4) Kingston HyperX Blu $60.65 (tiger)
Hard Drive: 240 gb Kingston HyperX 3K SSD $170 (tiger)
CD/DVD Drive: Samsung DVD Burner $15 (newegg)
Operating System: Windows 8 $90 (tiger)
Power Supply: Corsair CX 600w $38 (newegg)
Case: CoolerMaster Elite 430 Mid Tower ATX Case $35 (tiger)
Subtotal: $748.65

Tiger Shipping: $10.53
Tiger Cashback: -$27.63
Newegg Shipping: $0
Newegg Cashback: -$3.68

Total: $727.87

Additionally, everything will have double the warranty period (for free).

Heh...very similar to stuff I recomended above. The processor is more than fine for the forseeable future, and you got an SSd which is a must. Pretty sweet deals. Id personally just change up the case. That coolermaster is a little on the cheap side in terms of build quality.

Also I would just suggest to pick up Windows 8 on ebay as they sell it as low as 40 bucks.

The case will be one of the things I upgrade once I get a full time job. As for windows I will look into that cause it saves a bunch.

The other question I have is cooling, wires and other stuff. Will I need to buy other stuff for cooling and are there any wires/cables that dont come with stuff that I will need?

And yea I started thinking about it and realized im upgrading from a 3 year old laptop that I thought was already really fast and decent with graphics so there is no reason to go way overboard as I may not personally realize the differences.

Pay the extra $50 and get the FX 8320 with it's extra 2 threads, worth it in my opinion if you intend to keep the system for years.

Be warned the Corsair CX series is pretty horrible.
The CX 600 will not output anywhere near 600 watts on the 12 volt rail.

If it's the V1 version, expect 480 watts (12x40amps), the V3 you might do 550 watts (12 volt x 46 amps).

Grab the VX, TX, HX, AX or a GS instead, I would personally lean on the HX or AX with it's 7 year warranty, it will outlive this PC easily, thus you shouldn't have to buy one with your next rebuild/build years from now and they actually do output their wattage as advertised on the 12v rail.

I've still got a Corsair HX 620 in another machine and that's 7 years old and will probably continue to be used for years to come.

Nope. You will be fine.

I would get a GTX 680. While the new 700 series is nice, those cards wont be necessary until maybe 2015. The 680 is already more powerful than the ps4 and xbone graphics cards, so I would get a 680 now, and then by the time you save up money, the next generation of Pc graphics cards will be out. However its your decision, just putting in my two cents, do what you want:)

Gtx 680 is way over my budget. I will swap out the power supply for a better one as suggested.

The thing with AMD is that he is likely to run in to bottlenecks with PCIe 2.0, slower memory controller, DDR3 2133 limit (highest stable RAM I can achieve with 2400 mhz sticks), NB bus speed...etc... before he runs in to true CPU bottlenecks where more cores would be beneficial.

As a current user for the 8350, I've benchmarked this thing in every possible way I could and honestly the performance is identical for gaming, productivity and pretty much everything else 90% of us do with 4 cores disabled compared to all 8.

Only places where I see performance benefits with all cores enabled are rendering, game streaming and synthetic benchamrks... and i doubt he will do any of this.

OT - 7870 for 170 is a great deal. But if you see the 7870 XT, PCS+ or whatever ese they call it edition...get that one. Its not a 7870 but a 7950 with a few things disables and a higher clockspeed. It actually beats the 7950 in benchamrks. I've seen it as low as $219.

The 8320 is $50 more. As for the power supply, I will do a HX650. Increases my cost from 727 to about 800 but Id rather not have stuff fail and as indicated the 7 year warranty means I wont need to spend on yet another power supply for future so the reslity is it isnt that much more expensive.

PCI-E 2.0 vs 3.0 16x has shown not to cause bottlenecks with gaming, compute scenario's sure, you're looking at a couple of percentage points max though in games.

As for Ram and North-bridge speeds, overclocking the NB clock to around 3ghz can bring about a good 10-15% performance improvement in some lightly threaded games like StarCraft 2, Ram speeds show bugger all improvements, you see bigger improvements with tighter memory timings than higher clock speeds. (Tested on my own FX 8120 and 1090T)

As for the FX 6300 vs 8320, you're right, there is hardly any difference in games today, but that's under the assumption that games will only 2-4 cores for the life of the system.
I remember people recommending Core 2 Duo's over Core 2 Quads when they were first released because games didn't use 4 cores, well. Here we are today and those who bought the Core 2 Quads ended up getting the last laugh as they can usually still run every game you throw at it, especially with the slower chips like the Q6600 overclocked. (That was 6-7 years ago, amazingly long life for a gaming CPU!)
That's compounded by the fact that this next generation of consoles are going to have 8x x86 CPU cores, which should translate into heavier threaded games in the coming years.

I generally always recommend buying the best CPU you can afford at the time, you upgrade that less often than a graphics card that's for sure, unless you're like me who loves shiny new stuff.