New I5 build!!

Ok i just built a new computer and now my friend wants me to build one for him!! (i have $1700 to spend on everything..)
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APPROXIMATE PURCHASE DATE: at least before or during January 2010
BUDGET RANGE: $1700
SYSTEM USAGE FROM MOST TO LEAST IMPORTANT: light gaming, surfing the internet, watching movies
PREFERRED WEBSITE FOR PARTS: newegg.com
PARTS PREFERENCES: I would like to use an Intel I5 cpu and a p55 mobo
OVERCLOCKING: Maybe
OPERATING SYSTEM: Windows 7 home premium 64bit
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This is pretty much what i have chosen.....

Intel Core i5-750 Lynnfield 2.66GHz 8MB L3 Cache LGA 1156 95W Quad-Core Processor - $199
http://www.newegg.com/Product/Prod [...] 6819115215

G.SKILL Ripjaws Series 4GB (2 x 2GB) 240-Pin DDR3 SDRAM DDR3 1600 (PC3 12800) Desktop Memory - $95
http://www.newegg.com/Product/Prod [...] 6820231279

GIGABYTE Radeon HD 5770 1GB 128-bit GDDR5 PCI Express 2.0 x16 HDCP Ready CrossFire Supported Video Card - $160
http://www.newegg.com/Product/Prod [...] 6814125301

MSI P55-GD80 LGA 1156 Intel P55 ATX Intel Motherboard - $210
http://www.newegg.com/Product/Prod [...] 6813130238

CORSAIR CMPSU-750HX 750W ATX12V 2.3 / EPS12V 2.91 SLI Ready CrossFire Ready 80 PLUS SILVER Certified Modular Active PFC Power Supply - $170
http://www.newegg.com/Product/Prod [...] 6817139010

Western Digital Caviar Black WD5001AALS 500GB 7200 RPM 32MB Cache SATA 3.0Gb/s 3.5" Internal Hard Drive - $70
http://www.newegg.com/Product/Prod [...] 6822136320

ASUS VH242H Black 23.6" 5ms HDMI Full 1080P Widescreen LCD Monitor - $199
http://www.newegg.com/Product/Prod [...] 6824236052

COOLER MASTER Storm Sniper SGC-6000-KXN1-GP Black Steel, ABS Plastic, Mesh bezel ATX Mid Tower Computer Case - $150
http://www.newegg.com/Product/Prod [...] 6811119194

Microsoft Windows 7 Home Premium 64-bit - $99
http://www.newegg.com/Product/Prod [...] 6832116754

Sony Optiarc Black 2MB Cache SATA DVD/CD Rewritable Drive - $32
http://www.newegg.com/Product/Prod [...] 6827118030

Logitech MX518 8 Buttons 1 x Wheel USB Wired Optical 1800 dpi Gaming-Grade Mouse - $40
http://www.newegg.com/Product/Prod [...] 6826104178

XTRAC PADS Ripper Optical Mouse pad - $14
http://www.newegg.com/Product/Prod [...] 6817114174

Saitek PZ30AU Black 104 Normal Keys 4 Function Keys USB Standard Eclipse Keyboard - $38
http://www.newegg.com/Product/Prod [...] 6823175103

Arctic Silver 5 Thermal Compound - $7
http://www.newegg.com/Product/Prod [...] 6835100007

Logitech Z-2300 200 watts RMS 2.1 Speaker System - $104
http://www.logicbuy.com/deals/Logi [...] /1943.aspx

OK I AM AT $1500 BEFORE TAX/SHIP

If you see any issues with the stuff i have chosen let me know. Also post more stuff i might need or be useful to make it even better!!

I haven't had good long-term reliability luck with MSI motherboards. I would get this combo instead.

http://www.newegg.com/Product/Comb [...] mbo.276270 $344.98 (i5 750 + Gigabyte GA-P55-UD4P combo)

The WD Black 500GB drive is an older model that uses two 250GB platters. The Samsung F3 500GB drive is cheaper and considerably faster.

SAMSUNG Spinpoint F3 HD502HJ 500GB 7200 RPM 16MB Cache SATA 3.0Gb/s 3.5" Internal Hard Drive -Bare Drive $54.99

The text on your RAM says DDR3 1600, but the link goes to some CAS 9 DDR3 2000 RAM. I would stick with the CAS 7 DDR3 1600 kit.

G.SKILL Ripjaws Series 4GB (2 x 2GB) 240-Pin DDR3 SDRAM DDR3 1600 (PC3 12800) Desktop Memory Model F3-12800CL7D-4GBRH - Retail $94.99