You can't overclock that CPU on that motherboard. So that's useless. The PSU is overkill. The GPU is weak. I'd pay $300 for it for just the CPU and RAM. Kinda the only parts worth keeping off that build.
Hmmm, Should I downgrade the PSU to the Corsair CX 500Watt, and upgrade the GPU to the 650? Also, what motherboard would you suggest for the i5 3570k?