Can someone give me an advise? $500 budge build

Hi, I am trying to build a computer that suits my gaming.
I am not heavy gamer (nor can I afford to be one), and I usually just play game casually. In other words, I don't need to have absolute beautiful graphic, but they are nice to have, just not necessary. I can stand terrible graphics, but I can't stand terrible game-play, or lags. Performance means much more for me.
Right now, I am mainly playing Vindictus (it's a source engine game, so the graphic isn't very stressing to be able to play), DoTA (a Warcraft III mod game), and maybe Diablo 2 from time to time. As you can see, they don't need extremely good computer to play. I do, however, planned on upgrading, but I think the Intel HD Graphics 3000 can handle all the game I play right now.

CPU: $220 - i5-2500K
(Will be using the Intel HD Graphics 3000 it comes with, so no need for GPU right now. Update later)
Or $150 on Black Friday Sale in Microcenter.

Case: $30 - Xigmatek Asguard II
(Should be good enough, as long as the airflow is good, and everything can be placed easily)

PSU: $70 ( $50 after rebate) - XFX Core Edition PRO550W
(Wondering if this is undervolting or not)

RAM: $30 - Crucial Ballistix sport 4GB (2x2GB) DDR3-1333 BL2KIT25664BA1339
(I have trouble finding $25 ones like the one in $500 budget build, anyone know where I can find them?)

GPU: Will put on hold for now. But most likely a Sapphire 100314-3L Radeon HD 6870 1 GB ($170) when I need the upgrade.

MOBO: p8z68? Asus p67? z68? I have absolutely no idea about mobo. Even just p67 there's different types of them. Is there a detailed guide I can look at? Or do I just have to go with my gut? I don't want to limit the choices, so any price is good, but I prefer cheaper the better, more bang for the bucks, note that I don't need insanely good graphic, decent is good enough.
(I probably won't use most of those PCI slots, although I probably need one for wireless adapter, and one for graphic)

DvD and Hard Disk:
Don’t need any extreme function, just enough to instal OS, and decent GB. Anyone know cheap but still good ones? I don’t want the cheap dvd or hard disk mess up my whole build.

Another few important things to address:
(1) Does my part come together nicely? Last thing I want is to buy all the components, and then realized that some parts are incompatible with each other.
(2) I don't have a speaker, keyboard or monitor (well I have one, but that’s being used on another computer).
(3) I can also go to microcenter, which I believe will have a lot cheaper items than on neweggs.

Thanks in advanced.
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More about give advise budge build
  1. Case = Antec 300 $35 after mail in rebate. Technically $5 cheaper than yours when you consider the $10 that you'd have to pay for shipping.

    For a dvd player any will do samsung $16

    RAM for under $25? easy! Corsair 4GB 1333Mhz CAS9 or 1600Mhz Crucial CAS10

    Motherboard = you want to overclock I hope since you are wanting to get the i5 2500k so yes p67 or z68 boards. Save you $50 and get ASRock Z68 Extreme3 Gen3 excellent mobo that will do what you need and PCIe 3.0 for your future needs

    Yes your parts fit nicely, keyboards are like $10 if you want a plain jane one, and you can get low end speakers for $20.

    Also you didn't mention a hard drive. Do you have one already or do you need to include that in as well? Oh and windows!
  2. Hard disk = hard drive right? Yea, I am also looking for one.

    Windows I think I can get student discount. Or if there's any one black friday sale that would be great.

    I just realized there's also a RAM on microcenter's black friday sale.

    XMS 8GB DDR3-1333 (CL9 Dual Channel Desktop Memory Kit)
    For black friday deal it's $25.

    Is this RAM good?

    I also need a new psu. What power range should I look into?
  3. Mate , if you plan to use the HD3000 series that comes with the i5 2500K you have to go for the Z68 board . P67 boards won't do the trick ..

    GL :)

  4. Intel graphics are the worst on board graphics in the industry. did you look into AMD FM1 hardware ? probably more than just right for your situation.
  5. hmm... I do plan on getting a new GPU later though, the Intel one is just right now since I can even run the games using integrated graphic card on my Laptop (HP 630).

    And plus the black friday deal sounds really good.

    Thank for the advise, though.
  6. Okay, got back from store.

    I got I5-2500k LGA 1155 (unlocked)
    ASRock z68 Pro3-M (mATX)
    A 20'' monitor
    Corsair CX500 Builder Series V2
    Corsair XMS3 1333MHz 8GB (2X4GB) Dimm kit

    Didn't get a hard drive, lowest go for $100ish.
    Casing I will still buy the one from newegg, and dvd/cd burner I will use the one crewton suggested.

    My main concern is, is my mobo a good choice?

    I want to install maybe a 6870 or better GPU later (when d3 come out ^ ^), and I was wondering if my mobo supports it or not.

    And 500W should be enough right? Don't want to undervolt my computer.

    Thanks in advanced.

    Edit: Hmm, I think I probably need more PCI slots....
    Which brand sells more reliable mobo? ASUS, ASRock, Biostar, Gigabyte, or MSI?

    There's a MSI Z68A-G43 G3 1155 ATX for sale ($114.99)
    MSI Z68A-G45 G3 1155 ATX for sale ($129.99)
    Biostar TZ68A+ RCH 1155 ATX ($99.99)
    ASRock z68 Extreme 4 1155 ATX ($189.99)
    ASUS p8z68-v PRO 1155 ATX ($209.99)
    ASUS P8Z68-V LX 1155 ATX ($119.99)
    Gigabyte GA-Z68MA-D2H-B3 1155 ATX ($99.99)
    Gigabyte GA-Z68AP-D3B3 1155 ATX ($99.99)

    Obviously the more expansive one are usually better, but I am looking for more bang for the buck. Or eh, just good one that can support my need.
  7. I think I will get the P8Z68-V LX. Anyone disagrees?

    By the way, I still need a hard drive.
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