Doing Medium High End Desktop (on a budget)?

So I'm going off to college and want to build a desktop to watch some high def movies on, probably the most intense thing I will be doing is gaming (Minecraft, Skyrim, Fallout, Metro Last Light, Kerbal Space Program...) I'm trying to stay at about $700. I did some research and came up with this build, just wanted to know if it was compatible, no bottlenecks or such. (I plan on upgrading the graphics card so the power supply is a little larger than maybe necessary right now)

Motherboard: ASRock970 Extreme3 ATX
Processor: AMD FX-8320
RAM: Corsair XMS 4Gb x2
Hard Drive: Western Digital Blue 1TB
Power Supply: XFX Pro 650 Watt 80+ Bronze
Graphics Card: Radeon HD 7770 2Gb
Case: Thermaltake Chaser A31
Optical Drive: A standard Cd/DVD read/writer
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  1. Best answer
    Yes it's all compatible and there's no bottlenecks. Pretty descent build for $700.
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