In summary, for those wishing to purchase a new computer and like this set up. You can quite easily downgrade on the RAM and PSU to take off another $100 - $150 without really forfeiting much speed at all. Also, if you truly want to leave this system completely open for upgrades/overlocking in the future, I'd recommend purchasing the exact same system provided above but purchase the unlocked multiplier version of CPU instead (Core i7-3770k). This way if you decide to go for water cooling later on, you can practically overclock every component necessary.
On a side note, the M'board is ErP/EuP ready, so as long as the PSU is ErP/EuP certified you will be saving that little extra cash on the electricity bill. Also great for those who are conscious about the environment Thankfully, the PSU included in my build is ErP certified.
Thanks for you suggestions everyone.
EDIT: Please don't close this thread mods, using it as a reference for when I buy it next week. lol.
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