The other possibility that I was looking at was buying this barebones kit, and then buying a videocard separate. It is an I7-920 build. I'm not sure if I want to go socket 1366 or socket 1156 though.
I would recommend your build over the bundle. You have very good quality parts with your build. I question the Ultra PSU in the bundle, which you don't want to buy lowend PSU. It could damage your whole system.