Is this a good PSU choice?

I would say average i can the the Hale v2 models of higher models are fine get this instead.

PCPartPicker part list / Price breakdown by merchant

Power Supply: XFX 550W 80+ Bronze Certified ATX Power Supply ($49.99 @ NCIX US)
Total: $49.99
Prices include shipping, taxes, and discounts when available
Generated by PCPartPicker 2014-12-03 06:39 EST-0500

Ps. Change the case the case doesn't have front USB 3.0 ports and it may face compatibility issues with hyper 212 according to pcpartpicker.