Paying more for a PSU could give a number of possible things, better components and hence better quality of supply, it could be better efficiency, it could be better cable management, better design in case of a failure to reuce risk to the rest of your components. 700W should be plenty for a normal 1 graphics card system, even 500W should be adequate but maybe not so much headroom for future expansion - there are plenty of online calculators (google them). I would avoid buying a budget PSU, and would definitely look for one that is at least 80% efficient if not higher. I haven't had a chance to look up that thermaltake PSU so won't comment. I bought my thermaltake TR2 PSU before I knew any better and I have since read it is only 50% efficient at load which is pretty bad, and it was by no means the cheapest PSU in the store..