No, that is not a good PSU. It is an outdated, inefficient model also likely overrated (although Jonnyguru found at least one in that series good for what was on its label).
With no plans for overclocking or significant upgrades, I would recommend a PSU in the 450W-500W range that is made by Seasonic, FSP, Delta, or Super Flower. The new Rosewill Capstone PSUs are made by Super Flower and are good.
Edit: XFX PSUs are made by Seasonic, so the Pro550 would be another excellent choice.