$500 HD Video Editing/Music Production PC Build

I am looking for the right parts to build a custom build desktop PC.
Main Uses (Most often/least often): Music Production/1080p Video Editing/Data Crunching/Web Browsing
What I'm Looking to Buy: GPU/Video Card (with 2GB of Graphical RAM), Soundcard, CPU (MUST be intel, i7 preferred; higher-end i5 would work too), Motherboard, RAM (12GB Low Latency), Power Supply (Could be cheap but has to be relaible).
What I have/don't need for the build: Case, HDDs, Optical Disc Drives, Fans, SATA Cables, Monitor, Keyboard/Mouse.
Preferred Store: Amazon, Newegg, Frys Electronics.
So I am looking to spend $500 for these components, and I would go to a maximum of $700 if the parts I describe are more expensive.
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More about 500 video editing music production build
  1. Intel Core i7-3770 Ivy Bridge 3.4GHz (3.9GHz Turbo) - $280
    http://www.newegg.com/Product/Product.aspx?Item=N82E16819116502

    MSI H77MA-G43 LGA 1155 Intel H77 SATA 6Gb/s USB 3.0 Micro ATX - $85
    http://www.newegg.com/Product/Product.aspx?Item=N82E16813130648

    Mushkin Enhanced STEALTH 12GB (3 x 4GB) DDR3 1600 - $100
    http://www.newegg.com/Product/Product.aspx?Item=N82E16820226402

    Antec VP-450 450W ATX 12V v2.3 Power Supply - $45
    http://www.newegg.com/Product/Product.aspx?Item=N82E16817371045

    EVGA GeForce GT 630 2GB 128-bit DDR3 PCI Express 2.0 x16 HDCP Ready Video Card - $65
    http://www.newegg.com/Product/Product.aspx?Item=N82E16814130821

    Creative Sound Blaster Z 5.1 Channels 24-bit PCI Express (x1, x4 or x16) Interface - $100
    http://www.newegg.com/Product/Product.aspx?Item=N82E16829102048

    Total - $675
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