Thanks for the built SP12, is there anything wrong with my Asus mobo i picked out? I have a Asus mobo in my desktop previously and it worked great. guess im one of those people that once something treats me well i stick with it !
Might cut a little off your price for other better parts?
My build was $1100 but you went for a cheaper case, and probably could get a little cheaper PSU then I did.
I didn't necessarily need the new heatsink either.
The board and processor will use the Intel Turbo Boost tech so your board will "overclock" for you.
MSI has the 'OC genie' button as well. Basically the same thing with a different name. Realistically, automatic overclocking is probably not the most awesome idea.
If you need help manually overclocking it's not super-complex, and there exists a LOT of resources dedicated to it. My biggest advice to the novice/first time overclocker is to read up well and not touch your voltages.
If you're overclocking you'll probably want to add a heatsink to the build as well. Hyper 212+ for 25$ or Noctua D14 for 70$ are my recommendation. http://www.frostytech.com/articles.cfm is an excellent site for info on coolers.