I am looking to build a new system (also my first) and was wondering what you guys think would be a good time to purchase parts, given what new technologies will be available ? My main concern is price and would like to get a system with an i7 and an ssd. Budget would be ~$1200
Buy now but hold off on the SSD for now until the prices drop. DX11 cards are due out sometime later this year, but it's going to be awhile before any games actually utilize DX11 so I would say now is the time to buy. If you could please take look at that link down below it would be a big help to everyone on here.
i5, SSD price and longterm maintenance/performance, USB3.0, "300" or "5xxx" vid cards . . . I guess you could wait forever.
If I could wait for i5, I would. If not, you can deal with the rest of the issues by going i7 or AMD, and not investing a lot in disk (ie no Velociraptors) or vid card (get good enough for now, not overkill). Add/replace next year. IMHO, you won't really miss USB 3.0.