Everything will still be compatible. An alternative CPU would be the FX-8320, or an i5 4460 with an intel socket motherboard if you want to splash some more cash.
Never heard of that PSU before, so I would personally steer clear of it and go for one from a better known brand. Refer to this list for PSU advice: http://www.tomshardware.co.uk/forum/id-1804779/power-supply-unit-tier-list.html
I'm gonna re-check PSUs, still, it's a national brand and it has very good reviews so far.
I'm considering actually cutting some corners and going with a Gigabyte GA-970A-DS3P Socket AM3+ with the FX-6350 AMD, but I'm not sure if it would hold the GPU.