Budget HTPC

I wonder whether it would be cheaper to buy a premade HTPC or build one myself.

Here are my requirements:

APPROXIMATE PURCHASE DATE: ASAP

BUDGET RANGE: Less than $400 after rebates, but the lower the better :) Don't think I'll need to spend too much for my needs

SYSTEM USAGE FROM MOST TO LEAST IMPORTANT: The only thing I'll pretty much use on it is Windows 7 Media Center for music/movies/pictures.

PARTS NOT REQUIRED:

PREFERRED WEBSITE(S) FOR PARTS: NEWEGG! :)

PARTS PREFERENCES: Need a MCE remote. A TV tuner would be nice, but isn't really needed.

OVERCLOCKING: No overclocking, no SLI/Crossfire.

MONITOR RESOLUTION: Will connect to a 1080p HDTV, so HDMI would be nice.

ADDITIONAL COMMENTS: Just need something simple.

Thanks!
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    Western Digital Caviar Green WD5000AADS 500GB SATA 3.0Gb/s 3.5

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    ASUS M4A785T-M/CSM AM3 AMD 785G HDMI Micro ATX AMD Motherboard

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    OCZ Gold Edition 4GB (2 x 2GB) 240-Pin DDR3 SDRAM DDR3 1066 (PC3 8500) Dual Channel Kit Desktop Memory Model OCZ3G10664GK

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    Should come out to $400-ish after tax & shipping, depending on where you are. I've built a HTPC with that case & AM3 620 x4. The psu is sufficient. However, you need to get the OS. If you have to, drop memory to 2 gigs & a smallest harddisk. The cheapest AM3 is single core, but can be unlocked with a more expensive mobo, which defeats the purpose of unlocking. Might as well pick up the cheapest dualie + a cheap mobo.
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