Is this Motherboard suitable for this rig?

Hi everyone,
I am trying to build my very first rig but have some concerns if the following rig can go well with the motherboard:

CPU: I7-3770K
RAM: CORSAIR CML8GX3M2A1600C9 (4GB 1600MHz x 2)
Motherboard: ASUS P8Z77 M
GPU: SAPPHIRE AMD RADEON HD 7870
PSU: Corsair Gaming Series 700WATT
Casing: Corsair Carbide 400R
CPU Heatsink: COOLER MASTER Hyper 612S
HDD: INTEL SSD 520S 240GB

On the other hand, is this build enough to play games like battlefield 3 and also do some video editting? Any opinion on this rig is greatly appreciated...