Suitable build for gaming and streaming?

These are the parts I looked up after spending hours last night with most of my research done on these forums. What I would like to do is play games and stream them to Maybe record them at the same time and edit them to later upload. I don't plan on overclocking, at least not for while. Budget is not an issue. I already added up these parts and the total amount isn't a problem. I also have a few questions following the list. I'm not too educated when it comes to the specs of the motherboard and others.

CPU: i7-3770k (I'm well aware that the i5-3570k is more than enough for gaming but I live near a MicroCenter and I figured if I'm willing to spend $219 for the i5 over on Newegg, I might as well spend an extra $10 at MC where the i7 is $229)

MOBO: Gigabyte ga-z77-ud5h

Memory: CORSAIR Vengeance 8GB (2 x 4GB)

Graphics Card: GeForce GTX 670 FTW

Power Supply: SeaSonic X Series X650 Gold 650W

SSD: Samsung 840 Pro 256GB

HDD: Western Digital WD Blue 1TB 7,200 RPM

Case: COOLER MASTER HAF 932 Advanced Blue Edition (I really like this case so I hope its good)

Optical Drive: Don't think I'll need one but I'll look for that at a later time

Windows 8

Now a few questions:

Foremost, are these compatible and suitable for gaming and streaming?

My chosen graphics card recommends at least a 500W power supply. Now I know 650W is more but is there anything else that may draw in more power that may require a slightly higher PSU?

I want to use 2 monitors but don't want to use both for gaming. Just one for gaming and the other for any other program(s) I might want to run at the same time. How would I go about doing that?

I'm really excited to make my first build and would appreciate everyone's help and opinions.
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  1. i say you should stick with windows 7 and not windows 8
    you wont draw 500 watts with the video card its so you are stable
    but you are fine to buy and build
    you can also use the gtx 680 for better mutlitasking with dual monitors
  2. The 3770k should be better for streaming. The PSU is more than enough. It can even run on a high end 500w PSU. And to nickbachu, do some research. Windows 8 is the better OS for gaming. It allows for higher minimum fps and usually higher average fps. Though it wasn't easy to get games going, luckily Googly had all the answers. Long story short stick with Windows 8.
  3. most games arent optimzed for windows 8 so at the moment until new games are realeased you wont and it also depends on the games

    why dont you do some research
    i can also asure i have windows 8 it feels more smooth on windows 7
  4. They aren't that optimized but it still performs better (not significant, around 2-5FPS). Linus from LinusTechTips on YouTube did reviews exactly on this. Check them out :P OP, just get whatever is cheaper. Even if they do perform better (again, 1-5FPS) I think Windows 7 is still a bit cheaper.

    I should mention, you are correct about the "some games" part. That is exactly what I meant, some games performed worse on Windows 8.
  5. i have been watching linustechtips
    half the games performed better on windows 7
    he also has ncix which he does for a company
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