Newbie building first time i5

hey guys, started reading a bunch of the posts regarding custom builds after my comp crashed (6-5 year old p4 2.33ghz, 1.5gb ram, 1tb hdd, and 180gb, 64mb radeon graphic card). pretty sure the motherboard fried... anyways...

my background/preferences - not a gamer, because my old system couldnt handle sh*t...but maybe interested in joining the FPS community. this comp would be mainly used for web browsing, music editing (a little bit), loads of media (mostly music) and want to venture into the realm of making my pc a dvr and media center)

i dont need - hdd's (have 180gb with winxp, 2 1TB drives (1 hold all my music and media and the other one had trouble installing a day or 2 before the crash)), mouse & keyboard, monitor (24 inch acer), tower (going to use my old one for a few months until i pay off most of this build)

budget - i really dont want to break the bank on this build and my budget i want to keep between $600-$700

so far i have the following on my list:

processor - i5 750 from micro center - $160 (set on this chip as i do not want to spend more on the chip, mobo, and ram)

mobo - GIGABYTE GA-P55-UD3R LGA 1156 Intel P55 ATX Intel Motherboard - newegg - $140

video card - SAPPHIRE 100258-1GHDMI Radeon HD 4850 1GB 256-bit GDDR3 PCI Express 2.0 x16 HDCP Ready CrossFire Supported Video Card
&
memory - G.SKILL Ripjaws Series 4GB (2 x 2GB) 240-Pin DDR3 SDRAM DDR3 2000 (PC3 16000) Desktop Memory Model F3-16000CL9D-4GBRH - newegg combo total= $205

my main confusion and indecisiveness comes with the plethora of Video cards out there and which PSU to use...

your suggestions and input are much appreciated and thanks in advanced!!!!

thanks for the reply...

4870 - any particular brand? not sure which brands are any better than others...

PSU - is the OCZ brand any good? was eyeing a 500w antec earthwatt for 70-80 on newegg?

snake - thanks for the detailed list. a few questions for you:

1. ram - 1600 vs. 2000 - any significant difference?

2. mobo - is the asus that much better than the gigabyte?

i already bought the i5 chip @ microcenter for 160 so saved myself $40 , im trying to order everything today (fri).

much thanks for your time and replies!

yes thanks obsidian, actually its just as obsidian said, there isn't a difference between memory 1600 and 1800, and the Asus its better due to the standards, meaning that it isn't a budget board, it comes with all features that EVO version come except for dual gigabyte LAN, but that isn't need it.

Good luck, keep us posted when you get the build, looking forward to it..

ya the cooler is also a good option, and if that leave with money for a better video card even better, here go for this one instead
SAPPHIRE 100279-1GL Radeon HD 4870 1GB 256-bit GDDR5 PCI Express 2.0 x16 HDCP Ready CrossFire Supported Video Card - Retail
$10 off with promo code EMCMLLT73, http://www.newegg.com/Product/Prod [...] 6814102849
make sure to use the promo code to save 10 but have to buy before monday because thats when it expire.

snake - thanks for all your help, went with the cheaper heatsink and upgraded the video card.

appreciate everything

you got it... mind you for now im using my old piece of crap tower so it may not be so aesthetically pleasing. again many thanks and if i run into trouble im glad i can count on someone

look at the date. try not to revive an old post.