Hi Paul,
Okay, I used NCIX as my source for the build below. I also made a few assumptions:
* Since your post title says $550 I assumed that was okay even though your build was $520
* You understand that each VM will get its own thread and RAM
* Your gaming will be nil and if at all will not be games like Crysis with the graphics turned all the way up so video card chipset is of little weight
* Your VMs are around 4GB+ each (otherwise why a 1TB drive? You could do a 60GB SSD for $150)
* You do want as few bottlenecks as possible
* ANY computer with onboard video and at least dual-core will do the "watching movies/videos etc (not high def), listening to some music, surfing the net etc, light to no gaming"
* You will be running a 64bit OS
* I ignored items with rebates
Let me know if any assumptions are wrong or wonder why I assumed that.
With that said, here would be my recommended system for you:
*** Build ***
CPU: AMD Phenom II X4 925: $135.44
http://ncix.com/products/index.php?sku=44947&vpn=HDX925WFGIBOX&manufacture=AMD
Good choice. I had toyed with the idea of a build around the AMD Phenom X4 Black Edition because it is unlocked (you can hit 3.6GHz SOOO EASILY) but at $170, being AM2+ (no DR3 RAM which is much cheaper than DDR2), and OEM (requiring at least $20 for a cooler) I agree that your choice of CPU will be best. If you want to overclock then based on the RAM in this build and this locked multiplier I feel confident you will get a minimum or 3.1GHz (14 x 222 FSB) or 3.25 (14 x 232 FSB) with NO impact on stability.
RAM: Muskin Enhanced Silverline Stiletto 8GB (2 x 4GB) DDR3-1333: $108.98
http://ncix.com/products/index.php?sku=55544&vpn=996770&manufacture=Mushkin%20Enhanced
VMs love RAM and Processor speed. 8GB will allow you to run 2 or 3 VMs in 1.5 to 2 GB of RAM AND have a minimum of 2GB for your running OS.
HDD: Western Digital SE16 7200RPM 16MB 640GB (x TWO, RAID 0): $54.87 each, $109.74 both
http://ncix.com/products/?sku=30004&vpn=WD6400AAKS&manufacture=Western%20Digital%20WD
Since you seemed to want SATA3 and a 64MB WD BlackEdition drive to minimize IO bottlenecks I realized that two hard drives in RAID 0 will outpreform that. One issue here is I don't like the Caviar Blue editions and would prefer you use TWO Western Digital Caviar Black 500GB 32MB cacce, 5 year warranty drives (http://ncix.com/products/index.php?sku=33883&vpn=WD5001AALS&manufacture=Western%20Digital%20WD) BUT That adds approximately $15. Anyways, 2 drives in RAID 0 will give you better performance and speed thatn a single drive and will offer the same fault tolerance (RAID 0 has no fault tolerance but neither would a single drive), This confirguration should let you load Windows and your VMs much quicker than a single drive. The issue of SATA 2 as a bottleneck is alleviated/minimized here.
MOBO: MSI 760GM-E51: $74.99
http://ncix.com/products/?sku=49470&vpn=760GM-E51&manufacture=MSI%2FMicroStar
I feel that from the choices NCIX offers this is the best one. It offers RAID0, on-board video, 4 slots for DD3 RAM (16GB MAX), micro-ATX, has a good reputation and is 24+4 on the power supply. Being micro-ATX gives you more case selection (coming up).
Video: On-Board: $0
Optical Drive: Lite-On IHAS124 DVD-RW OEM: $25.99
http://ncix.com/products/?sku=45244&vpn=IHAS124-04&manufacture=Liteon
Fast, SATA and good reviews on the internet. Only drawback is that since its OEM you will need a SATA cable for it.
Case (Option 1): CoolerMater Elite 342 (Micro-ATX), Front USB/Audio, 120mm Front Fan: $39.99
http://ncix.com/products/index.php?sku=54886&vpn=RC-342-KKN1-GP&manufacture=COOLERMASTER
Case (Option 2): Logisys CS 305 (ATX), Front USB/Audio, 120mm Front Fan: $39.99
http://ncix.com/products/index.php?sku=36020&vpn=CS305BK&manufacture=Logisys%20Computer
I looked briefly at the Gigabyte G2-PH2A3 but it only has a 80mm rear fan. Either case above has a 120mm front fan (bigger fan, less noise, good airflow, pulls the low cooler air). Both also have plenty of space for hard drives and such and I wanted you to have the front panel audio and USB access.
PSU: VARIOUS: $VARIABLE
I used the Newegg.com Power Supply Estimator (http://educations.newegg.com/tool/psucalc/index.html) to try and guess what you might need. I got around 367W and 432W (with 3 harddrives and a 'high' end mobo). I always try to build in tolerance by assumming that the power supply doesn't want to run at full to generate the listed Wattage so I mutiply the PSU power rating by 70% and 80%. That means that in my world a 500W PSU is happiest at 350W (70% of 500W) and 400W (80% of 500W). Since neither of these are at the 432W (my assuming of a good buffer for you) I would say at a MINIMUM get a 550W PSU as it turns into 385W/440W (70%/80%). Also, I believe that a larger 120mm fan is better for noise.
550W: Coolermaster Extreme Power Plus 550W ATX 12V V2.3 Silent Power Supply 20/24PIN 120MM Fan: $59.98
http://ncix.com/products/index.php?sku=56970&vpn=RS550-PCARE3&manufacture=COOLERMASTER
The 550W cooler Master has a 2 year warranty, >100,000+ MTBF (Mean Time Between Failures: This is a rating of how long the manufacturer says it will go between any two possible failures: http://en.wikipedia.org/wiki/Mean_time_between_failures), and the 24 and +4 pin.
A 600W PSU would give you a 70/80 estimate of 420W/480W.
600W: Thermaltake TR2 600W ATX12V V2.2 24PIN Power Supply with 120MM Fan : $69.99
http://ncix.com/products/index.php?sku=45039&vpn=W0388RU&manufacture=Thermaltake
Chosen for a good buffer on my thoughts of how a PSU is happy PLUS has the 120mm fan, 24 +4 pins and a 5 year(!!!) warranty.
Now, assuming you are going to ignore the PSUs greater than 500W below are the 500W PSUs I would choose.
500W:
First 500W Choice: Thermaltake TR2 600W ATX12: $59.99
http://ncix.com/products/index.php?sku=45038&vpn=W0379RU&manufacture=Thermaltake
All the great things of the TR2. 5 Year warranty and 120mm fan.
Second 500W Choice: Coolermaster Extreme Power Plus 500W: $59.99
http://ncix.com/products/index.php?sku=35940&vpn=RS-500PCAR-A3&manufacture=COOLERMASTER
2 year waranty and 120mm fan.
I wouldn't get the Antec Basiq BP500U because even though it has a 3 year warranty it has a smaller fan and I couldn't find its MTBF rating. I wouldn't get the Apex AL-D500EXP because even though it has a 120mm an it has a 50,000 MTBF (1/2 of the other choices) and a paltry 1 year warranty. However since the 500W are the same price as the 550W I would recommend getting that.
Above with NO PSU: $495.13
Above with 500W PSU or the 550W PSU ($59.99): $555.12
Above with 600W PSU: $565.12
Please let me know what you think about this build.
Enjoy!
Adrian