PSU on the bottom should keep the PSU cooler, which is nice, and most cases with the PSU on the bottom put a rear exhaust fan right at the top which should do an even better job of exhausting heat from the CPU then the PSU could. Also, a lot of cases that put the PSU at the bottom compartmentalize it so that it's just cooling a couple HDs and heat from the HDs and PSU does not make it to the GFX or CPU. Compartmentalization is kind of a brute-force solution as it may require more fans to accomlish the the same amount of airflow/component (instead of 1-3 fans per case you need 1-3 fans per compartment) so it's not my favorite solution, but if you're running really hot CPU and GPU you definately want to keep that heat away from other components/eachother and run cooler air to them.
If you're not running SLI you don't need quad-rail or super-high wattage. PSUs run most effeciently at around 80% load (that's where they are generally benchmarked for effeciency, the range for top-effeciency is something like 60%-80% load but varys from one model to the next). You don't want to run peak load over 80% as you will loose effeciency, run hot, and possibly run into voltage stability issues, but there isn't much point in running significantly below it.
No one has asked yet: are you overclocking? Probably not since you picked the e6600 instead of the e6400 or e6300, so I'll run with that assumption.
This is a pretty good calculator:
http://extreme.outervision.com/psucalculator.jsp
I specced out your system with all of your planned upgrades (8800, extra HD, extra DVD-rw), aged the capacitors, added fans for all the slots on that case, added a memory card reader and you should be able to encode video while burning 2 DVDs, transfer files to a memory card and play Crysis all at the same time at 82% load on a 1year old 600w PSU. 700w certainly won't hurt, but informed decisions are good decisions
As you can see from my example of an unrealisticly maxed-out usage senario if you aren't overclocking 600w is plenty. A 600w PSU with better effeciency and modular cabling might give you better bang/buck if you're working on a budget here. You could also consider just buying a new PSU in a year and avoid capacitor aging entirely. Without capacitor aging you could run that same senario on a 500w PSU and if you end up not buying an 8800 and never feel the need to burn 2 DVDs at the same time while gaming (I don't reccomend it) 500w would probably be enough, barely, for the next year or more.
My final reccomendation: A nice PSU with at least two 18a 12v rails >550w.
Seasonic s12 550w quad rail Has almost exactly the same amperages as the Thermaltake one you linked, 41amp total on the +12v lines (TT doesn't give a rating for their total 12v line amperage, should be >50a for a "700w" model, but they don't say, they don't say what the combined 3v+5v amperage is either) , slightly more effecient, no modular cabling, $20 less than the TT. For $10 more than the TT you can get
600w with 52a on the 12v rails. Any of those three will work perfectly for now, a year from now with capacitor aging and a new monster GFX card you might wish you had bought the 600w s12, but unless you run your system hot for a year the 550w should still be strong enough. And really, I'm hoping that a year from now there will be high-end GFX cards that are more energy effecient... I'm allowed to dream, right?