The Good:
FSP makes a very good power supply
Actually FSP makes a few good PSU's, a lot of average PSU's, and
several
PSU's considered to be "Lemons"
The Bad: That power supply is too old.
295w is the minimum recommended to run the parts you mentioned when the power supply is NEW. As they age PSUs lose their ability to deliver their rated power due to capacitor aging. This is accellerated if the cumputer is left on all the time.
Don't worry too much though, a modern 400w or 450w PSU is not too expensive and will have plenty of reserve to handle the parts you have specc'd.
Here's a nice 430w Corsair model for just $50. It has a PCIe connector, and it's even modular.
http://www.newegg.com/Product/Product.aspx?Item=N82E16817139049
*IF* you plan to upgrade anything else in the next 1-2 years, I'd suggest looking at a 500w or 600w model ($20-$30 more). A new CPU, RAM or motherboard will require a bit more power.