New Build - Is this motherboard worth it??

I'm planning of building a new gaming rig based around the parts listed below (all from newegg) and I am wondering if the ASUS motherboard is worth the price. I was having a hard time finding a good AM3 mobo that supports the DDR3 1600 that didn't have BIOS issues for the ram or other know problems (I saw Gigabyte mobos had a good amount of issues but I could be totally wrong??).

I would really love some feedback on the ASUS mobo for the price (comes in a combo with CPU for $335) and other suggestions for motherboards that have minimum problems and would work with the parts I have listed, and that allow future upgrades and maybe another vid card in a year or so (trying to avoid 'end of life' technologies?).

Also, I have a couple questions if anyone has time to give me a little help:

1) I saw in an article that AM3 motherboards will be more compatible with future CPU's compared to the other AMD motherboards (like a AM2/AM2+/AM3) is this true?
2) What is the difference between when the memory standard of a mobo is DDR3 1600 compared to a DDR3 1600(O.C.)

Thanks in advanced!! Everything is appreciated!

PARTS:
SAPPHIRE 100259-1GL Radeon HD 4870 1GB 256-bit GDDR5 PCI Express 2.0 x16 HDCP Ready CrossFire Supported Video Card - Retail

AMD Phenom II X4 955 Black Edition Deneb 3.2GHz Socket AM3 125W Quad-Core Processor Model HDZ955FBGIBOX - Retail

ASUS M4A79T Deluxe AM3 DDR3 AMD 790FX ATX AMD Motherboard - Retail

CORSAIR CMPSU-650TX 650W ATX12V / EPS12V SLI Ready CrossFire Ready 80 PLUS Certified Active PFC Compatible with Core i7 ... - Retail

OCZ OCZTFRZTC Freeze Extreme Thermal Conductivity Compound - Retail

G.SKILL 4GB (2 x 2GB) 240-Pin DDR3 SDRAM DDR3 1600 (PC3 12800) Dual Channel Kit Desktop Memory Model F3-12800CL9D-4GBNQ - Retail

Western Digital Caviar Black WD6401AALS 640GB 7200 RPM SATA 3.0Gb/s 3.5" Internal Hard Drive - OEM

Antec Three Hundred Black Steel ATX Mid Tower Computer Case - Retail