In the world of Sandy Bridge motherboards, Z68 is what you want. It comes with onboard video which would be plenty if you don't plan on gaming. Since you're not gaming (at least not heavily), you can basically go for the bargain basement Z68 boards without noticing any difference. The only thing you'll need to be concerned with is the connections in the port cluster. Some people NEED firewire or PS/2 ports, and if you have any particular necessities there, you'll have to find something that will cater to that.
ASRock makes a good $110 Z68 board. http://www.newegg.com/Product/Product.aspx?Item=N82E168...
You should be able to find a case for under $50 without any problems. The Storm Scout has the advantage of USB 3.0 on the front, which is nice. My favorite case for about $50 is the Rosewill Challenger and I have a cheap Zalman that I like a lot (Zalman makes very quiet cases if that's something you're concerned with).
If you're not overclocking then skip the CPU cooler unless you're concerned with noise. The i5 stock fans can get a little loud and a $30 aftermarket fan will be significantly cooler. You can get away with trying out the stock fan and seeing if it's too loud and then upgrading, but to do that you will likely have to take the motherboard back out of the case. In terms of cooling, you will not need an aftermarket cooler.
When you buy Windows 7, save yourself some money with the OEM version.
Your power supply is WAY too big. You can get away with a 350W PSU with no problem. http://www.newegg.com/Product/Product.aspx?Item=N82E168...
If you plan on upgrading to a real video card at some point then you'll need more power, but for the system and card that you stated the Antec Basiq is fine.
Seeing as though youre not too bothered about overclocking i would go for something like this:
8GB G.Skill Ripjaws X
HIS Radeon HD 5570 1GB (Passive cooled)
Antec EarthWatts 430W
Samsung Spinpoint F3 1TB
Crucial M4 64GB
Fractal Design Define Mini OR Coolermaster Silencio
Windows 7 Home Premium
That should be nice and fast as well as being super quiet, adds up to about $800.
Also if you don't want the SSD you could take it out and change the CPU to an i7-2600.
Thanks a lot for the messages guys. The ASRock z68 MB looks great and appears to be somewhat future proof (i luckily don't have any firewire or PS/2 port needs). I think i'll go for that one.
About the memory, I saw the deal on today's Shell Shocker but how does that ram compare to the Ripjaw X series or the Corsair Vengance? I don't mind spending 15-20 bucks more if its going to be noticably better ram, maybe these: http://www.newegg.com/Product/Product.aspx?Item=N82E168... . I've had great expeirence with Corsair in the past, never used G skill but have heard good things. What do you guys think?
Lastly, JMSellars1, I know I said I don't plan to OC but I'd like to have the option of doing so, I heard AZRock's BIOS makes it quite easy to do so I would like to keep the option open. Also, is the HIS Radeon you recommended better than the Sapphire one in my original post?
I just chose that card because it is has no fan so it would contribute to a very quiet system.
With the HDD, yes the Samsung Spinpoint F3 is faster than anything else at that price point.
I'm sure G.Skill Sniper memory is great, no noticeable difference between that and Vengeance i think.
Remember that just having the option to overclock means you have to spend like an extra $80 on your motherboard and CPU which could be put to better use elsewhere (ie. Very quiet PC and SSD or i7) if you don't mind about overclocking.
With the PSU, don't consider Antec a cheap brand, theyre up there with the best. That EA-430W PSU is very stable and very quiet with more than enough power to upgrade the graphics or add HDD's etc.
The shell shocker ram is just as good as any other 1600mhz, 1.5V ram. The Samsung and the Seagate drives are basically the same - you won't notice a difference. Antec, Corsair, and Seasonic are the brands you want for a PSU. Getting enough wattage for upgrades makes sense, but go for those three brands.
If you want the most up to date system for a reasonable price, Z68 is the way to go. H61 and P67 will both work fine with sandy bridge, but H61/H67 is getting outdated for new builds and P67 is more for gamers who plan on overclocking.
One last thing, you should consider the passively cooled video cards. The lower end cards are nice, cost effective solutions for light gaming, but the fans get surprisingly loud. I have a gtx430 and even when I just push it a little bit, the fan is easily the loudest part of my computer.
JMSellars and Danraies, thanks again for the help! Below I have my almost final config if you have any more comments. Most of the stuff I took your suggestions on. Ram I stuck with the Corsair based on my great experience with their products in the past. The PS I also went with Corsair since you guys said its a solid PS company as well.
4} Graphic Card: (the HIS recommended by JMSellars is sold out) so I stuck with the SAPPHIRE 100293L Radeon HD 5570 1GB 128-bit DDR3 PCI Express (May do some very basic gaming) http://www.newegg.com/Product/Prod [...] 6814102874
5} Computer Case: Still can't decide! I have it down to these finalists, the price of the cheaper ones comes out to the same as the more given the free shipping. Cooler Master CM 690II $88, CM Storm Scout $90, Lian Li Lancool $99, and CM HAF 922. The CM HAF 922 seems to have the best airflow.
It all looks good. Any of those cases are good choices - it's all personal preference with cases. You don't have to worry too much about airflow since you're not using a high-powered graphics card so if you want to go cheaper, you certainly can.