Best i7 Watercooling setup for under $250

Ok, First off, yes, I have done lots of research, yes I have spent a couple weeks looking at stuff/doing reseach/learning so please don't ask me to come back after doing more research, This IS more research so please don't just copy/paste your same post from another thread with research sites (I'm looking at you Conundrum o.O)

Secondly, Thank you in advance for all your suggestions and help.

Ok, on to the good stuff:

I'm thinking about watercooling my i7 920. I just want a basic, good performance setup for only the i7, to start out with. No gpu block, but I would like to have that as an optional upgrade later on down the line.

I currently have an NZXT Tempest case, with an ASUS P6T motherboard.

From what I have been looking at This is what I was thinking to start out with:

Swiftech MCR 320 aprox. $55
Swiftech Apogee GTZ aprox $65
Swiftech mcp655 aprox. $80

And Then I would need a radiator which I'm not sure which I would want/what is a good one.
And I would need tubing, but That's pretty well easy to find/decide upon, so I'm not including that in this.

Total before rad+tubing aprox $200

The $250 should include:
Good Pump (capable of pushing enough water to support the i7 and a beefy Gfx card)
Radiator (capable of supporting the i7)
CPU Block (with support for socket 1366)
Reservoir (or if you don't mention one, leave enough in the price to get a decent one plz)

You can recommend a second/better radiator for future upgrade for the Gfx card.

Yes, everything I am thinking about is swiftech, but from everything I've read, they have good quality parts and everything I've chosen appears (to me at least) to be a pretty good value for the parts.

Now what are your expert opinions from those of you who have been doing this for years?

Rad might be at the point of thermal threshold on that i7 by itself. I wouldn't OC that chip, otherwise you won't get that great of temps. If you are going to add more into your loop, consider getting the MCP320 now for the CPU and using/adding the MCP220 later when you add your GPU.

As stated earlier, I plan on just WC the cpu first, possibly adding in the gpu (currently a gtx 260, planning to upgrade when the gtx 300 series comes out) later (i.e. several months down the road).

Also, any recommendations on a good reservoir or comments on tubing?

Then I guess my post is worthless since i cannot reccommend a WC solution for both the i7 and future GPU/GPU's at a pricerange of 250.00$ All I can say is save, save, save.........

MCP655 is a beast. I use it and i'm running a lot of gear in a single loop.

MCP655 pump
MCR320 rad
CPU block (~$55)
Swiftech micro-res (if you want, easy for beginners) - or - T-line
Feser/Tygon tubing, but I know that Conumdrum likes Primochill tubing. All should be thick walled, very flexy and 1/2"