Do you guys think this would be a good set up?,

Solution
Yes, as:
1, The 4790K consumes a few watts more than the 4690K
2, The 970 requires only a 450 watt PSU for it and all of the components
Oh, okay.
Your setup is pretty good, but some things can be improved:
1, You're getting ripped off on the RAM, cheaper and better performing G.SKILL kits can be found for ~140$
2, The motherboard is overpriced for what it is, the Gigabyte Z97X-UD5H is better IMO and it's cheaper, at 129.99$ after rebate
3, If you're a heat-conscious person (i.e. you care a lot about the amount of heat in your system), you can buy the 252$ Xeon E3-1231V3 which is basically a locked i7 without the integrated graphics, so it'll run cooler while drawing less power.
 

TomThePotato

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