System Usage from Most to Least Important: Gaming; possibly photo editing in the future.
Parts Not Required: Monitor, keyboard, mouse, speakers
Preferred Website(s) for Parts: Newegg
Parts Preferences: None (however everyone say's AMD for my price range; comments?)
SLI or Crossfire:Maybe
Monitor Resolution: Not sure
Additional Comments: I came up with this build but would not mind seeing if I can shave a few $ off the total. If you see something that isnt much better than a cheaper item please advise. I also would like some general feedback.
At that budget an i5-2500k is a must for gaming, there really isn't much of an argument against it. Costs a little bit more than that 1100T but would destroy it in games and at least match it in multi threaded stuff.
That PSU looks massively overkill for most set-ups too, you shouldn't really choose your PSU until you know which GPU you want.
Give me a minute and I'm sure I can improve on that build.
1) figure out what GPU it is. It may be worth keeping.
2) You don't need a full tower case. You'd be better off getting a mid-tower and spending the money on a better CPU/GPU
3) get the OEM version of windows for $100, and put it toward a better CPU/GPU
4) if you can hold off on the HDD, you could wait until prices drop back down. 120GB is a lot of space unless you are also trying to put media on there.
5) If you switch to an i5 and want to spend a comparable amount on the motherboard, I suggest the ASRock Extreme3 Gen3. Has every feature you'd need (unless you need a lot of them) and will overclock the i5 no problem.
EDIT: I like jmsellars1's build, but it might be worth upgrading the motherboard to the extreme3 gen3 since it is a slightly nicer board. Also, I think the OCZ ModXStream 600W is a better buy. Currently it is the same price after rebate. While it won't let you draw more than 600W, it also doesn't burn up. The fatal1ty 750W burnt up when overdrawn. Personally I'd rather have the thing shut down. I couldn't find a review of the fatal1ty 550W, but the forum members on jonnyguru do not like the real manufacturer of it (doesn't mean the real manufacturer didn't make a good unit, just that they typically don't).