Will this power supply suffice?

I am currently in the process of building a new computer. I fairly recently purchased a Thermaltake Litepower 700w power supply and a Nvidia MSI Gtx560. I did such, because my old card was dead and very old ... 9500gt... and my old supply could not hold it.

Now, I am looking to finish expanding upon my computer, so I am ordering in ... pretty much everything.

The current setup, I am looking to go with, is this...

Intel Core i5-2500 Sandy Bridge 3.3GHz (3.7GHz Turbo Boost) LGA 1155 95W Quad-Core Desktop Processor Intel HD Graphics 2000 BX80623I52500

ASUS P8Z68-V PRO LGA 1155 Intel Z68 HDMI SATA 6Gb/s USB 3.0 ATX Intel Motherboard with UEFI BIOS

CORSAIR Vengeance 8GB (2 x 4GB) 240-Pin DDR3 SDRAM DDR3 1600 (PC3 12800) Desktop Memory Model CMZ8GX3M2A1600C9B

Sentey Arvina Extreme Division Tower Case 6x Fan LED/ 4 x USB / Multi Card Reader / 4 x Fan Control / E-SATA / 6 x Removable Aluminum Bays / Screwless

All fans will be upgraded to a higher rpm speed....

COOLER MASTER Hyper 212 EVO RR-212E-20PK-R1 Continuous Direct Contact 120mm Sleeve CPU Cooler Compatible with latest Intel 1366/1155 and AMD FM1/AM3+

And of course....

Thermaltake Litepower 700w

MSI N560GTX-M2D1GD5 GeForce GTX 560 (Fermi) 1GB 256-bit GDDR5 PCI Express 2.0 x16 HDCP Ready SLI Support Video Card

Now, the question is if the thermaltake can hold up against all of that. It is a drastic step up from my current setup... not even going to disgust you all with how weak my current rig is. So far it has been great, super quiet, never had any sort of issues with it or the card... but will be sufficient for all the new parts incoming?
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More about will power supply suffice
  1. Yes, it should. However TT is unfortunately not known for high quality PSUs. Your system will use some 400W absolute maximum.
  2. Yep.
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