Yes, the FX 4350 will limit your GPU. Have you overclocked your CPU any?
460W is an unusual power for a PSU, and the Cooler Master Elite 460W comes to mind. Reviews seem to show that it is a re-branded 400W PSU and us unable to deliver close to 460W on the main 12V rails. Since you are using a 170W GPU, you would be pushing the limits of a 400W PSU, especially if you plan to overclock anything, and even at 400W it's a low performance, budget PSU. If you know what model PSU you have, let us know.