Thinking of this for build...

Could you please add the names of the items next to the links? This is out of courtesy for the rest of us so we don't have to click on all of the links.

Usually responders will add links for the convenience of the OP so they don't go wasting time searching. For the rest of us, it takes a long time.

Thanks.

To answer your question, the X1950GT is $130 after MIR, here. It's very close to your budget and is a good card.

HDD: I just got the Seagate Barracuda 7200.10 Perpendicular drive, here. 320GB for 90 bucks and it's SATA II 3.0 Gb/s. It's nice.
Memory Patriot 2x1GB DDR2 800 CAS latency 4, here. Its 20 bucks more than the one you plan on getting but the latency is 4 instead of 5. Worth it.
Mobo: Bought the same one. Nice mobo. Just doesn't have firewire support if you need it.
Heatsink: I would of recommended the Arctic Cooling Freezer 7 Pro but it's currently out-of-stock at most places or they want an arm & leg for it.

Everything else looks good.

Oh sorry about that.

Ok I fixed it up there.

Is that RAM you listed that much better? Or a better brand out there? Not planning on OCing just yet. Gonna just let everything burn in for awhile. I could buy better parts for this thing later on and hand them down to my kid...perfect excuse to buy more parts and wifey won't scream that I am spending too much now.