That looks OK. The length isn't as critical if it's single slot. It can go along side the CPU cooler there.
You can upgrade the PSU in the Opti 780 OK. Be sure the new PSU has as much power as the old one on the 5V. rail. This will be on the label of the Dell PSU.
Just be aware that the older GPU won't play newer games very well, or not at all, due to DX10 support versus the newer cards DX12 compatability.
IMO you should put the money you will spend on the PSU towards a GT730