That PSU is designed in an older/cheap manner. Modern PSU's can dedicate a large portion of there power to the 12 volt lines.
Will it work, i would guess so, but i have never used that psu and not all psu;s are created equally.
Just some quick figures on my system
OS: Vista Home Premium 64-bit
Case: Antec 900
PSU: OCZ 700watt
Board: P35 DS3R
CPU: Q6600 @ 3.00
CPU cooling : Zalman 9500 @ 500-2200 rpms(PWM)
Memory: 4x 2048MB @ 4,4,4,10 (800)
Video: HD 4870
Storage:
2x WDC 250gig (Raid0)
2x Seagate 320gig(Storage)
Optical drive: Pioneer DVR-115DBK
KB/Mouse: Logitech Access 600, G9 Mouse
Sound: Creative SB Audigy 2zs
180-185 idle
Aero move windows 188-190
No Aero move windows 220-224 - No restart, may need a restart to work better
220-250 COH(City Of Heroes)
260 Prime94
280-300 UT3
340-346 Prime + Furmarks
361 PEAK