Want to build 1st gaming pc w/ $700 budget

I want to build my first gaming PC, but need help with a good layout. I am fine w/ a completely AMD/ATI rig so I get more bang for buck. I have a 24" monitor, keyboard & mouse but need the rest. Soooo... someone hook me up w/ a good shopping list. As far as stores.. i like newegg but will use any reputable source... oh last thing... need it to include windows 7 64 bit... Thx

APPROXIMATE PURCHASE DATE: ASAP
BUDGET RANGE: 700 After Rebates

SYSTEM USAGE FROM MOST TO LEAST IMPORTANT: Gaming, 3d Modeling Apps (realize that it won't perform as well as a workstation layout for 3d apps)

PARTS NOT REQUIRED: Monitor, Keyboard, Mouse, Speakers

PREFERRED WEBSITE(S) FOR PARTS: Newegg or any reputable site
COUNTRY OF ORIGIN: US

PARTS PREFERENCES: No Pref.. AMD/ATI is fine

OVERCLOCKING: Maybe SLI OR CROSSFIRE: Maybe

MONITOR RESOLUTION: Have a 24" LCD so up to 1920x1200 but not absolutely necessary

ADDITIONAL COMMENTS: Price needs to include Wdw's 7 64bit OS
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    My recommended system will set you back a tad over $700. If you can't afford the difference, swap the GPU out for HD 4860. The 5770 is the next gen DirectX 11 card. I suggest you try and get that.

    The 4th core in X3 MAY be unlocked.

    http://en.inpai.com.cn/doc/enshowcont.asp?id=7395&pageid=6253
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