im assuming i would have to buy alot of extra cooling for the e2160, im not an experienced overclocker, i have never done it before, i have only read alot about it is it more efficent to buy the e6550 and over clock it a decent amount so i dont have to buy the upgraded fans and stuff or buy the e2160 and the cooling fans ect, which would be better?
+ the E6550 has 4mb of cache, i heard that mattered
It's true, it would probably be easier/slightly better to overclock what you are going to use. I for one, am simply a cheapskate and so I would prefer saving 70 dollars. A 3 GHz processor w/ 1 mb cache is going to perform slightly less than a 3 GHz processor w/ a 4 mb cache. So unless you want cheaper stuff, I recede my earlier comment =P.
Most people have OC'd the e2160 to about 3 gig's w/out any extra cooling. Yes it'll run a little warmer w/the stock HSF, but you can do it. If you buy an after market cooler, I wouldn't spend more than $25-30 for it, thus keeping your budget under control. The AC Freezer Pro comes to mind for the aftermarket budget CPU cooler. It's $26 shipped here: http://www.newegg.com/Product/Product.aspx?Item=N82E168...
The PSU should be fine, but I'd recommend the PSU below for about the same $ and has 33a on the 12v rail!
PSU - $76 shipped - $10 MIR = $66! Can run a single 8800gtx system.
CORSAIR CMPSU-450VX 450W Active Power Supply Retail ***Free Shipping*** http://www.zipzoomfly.com/jsp/ProductDetail.jsp?Product...
The case you picked out is nice, but I'm seeing it for $80 shipped and $60 after $20 MIR. Here is another option to consider, it's $50 shipped and $40 after $10 MIR, so you can decide if it has what you want to pay for.
COOLER MASTER Centurion 5 CAC-T05-UW Black Aluminum Bezel , SECC Chassis ATX Mid Tower Computer Case - Retail http://www.newegg.com/Product/Product.aspx?Item=N82E168...
And your Abit IP35-e mobo is $96 - $20 MIR = $76 at newegg.com, so don't forget to get the MIR, if your buying form newegg.com.
I have that exact case (Coolermaster) and I love it. Since you're looking at the E6550, I would consider the E6750. In place of the Corsair 450VX, I would recommend the Corsair HX520. The 520 can handle dual 8800's in case you decide to go the SLI route later on.