Critique my build please!

Hello all! Looking for some advice on my budget build.

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Approximate Purchase Date: This weekend.

Budget Range: As close to $700 as I can get (with rebates)

System Usage from Most to Least Important: Gaming, School, Basic Browsing

Parts Not Required: Mouse and Keyboard

Preferred Website(s) for Parts: Newegg, Amazon, Tigerdirect, etc.

Country: U.S.

Parts Preferences: None

Overclocking: Not now.

SLI or Crossfire: No

Monitor Resolution: 1440x900

Additional Comments: I basically want to be able to play SWTOR and Skyrim and do basic computing. Areas I might be concerned with are the Motherboard and Power Supply.

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CPU: Intel Core i3-2120 ($119.99)
http://www.newegg.com/Product/Product.aspx?Item=N82E16819115077

Mobo: ASRock H61M/U3S3 LGA 1155 ($74.99)
http://www.newegg.com/Product/Product.aspx?Item=N82E16813157236

GPU: SAPPHIRE 100315L Radeon HD 6850 ($149.99)
http://www.newegg.com/Product/Product.aspx?Item=N82E16814102908

Power Supply: Rosewill HIVE Series 550W Modular Design ($69.99)
http://www.newegg.com/Product/Product.aspx?Item=N82E16817182131

Memory: PNY Optima 8GB ($34.99)
http://www.newegg.com/Product/Product.aspx?Item=N82E16820178333

HD: Seagate Barracuda ST500DM002 500GB 7200 RPM ($84.99)
http://www.newegg.com/Product/Product.aspx?Item=N82E16822148767

Optical Drive: ASUS 24X DVD Burner ($19.99)
http://www.newegg.com/Product/Product.aspx?Item=N82E16827135204

Case: Haf 912 ($49.99)
http://www.newegg.com/Product/Product.aspx?Item=N82E16811119233

Monitor: ASUS VW193DR Black 19" Widescreen ($94.99)
http://www.newegg.com/Product/Product.aspx?Item=N82E16824236077

OS: Windows 7 64 Bit OEM ($99.99)
http://www.newegg.com/Product/Product.aspx?Item=N82E16832116986


All together, after rebates and bundles, this comes to $760. If you guys know of any better deals, parts, or ways to save some $$$ please let me know! Also, would you recommend any tools (anti static wrist straps, chip inserters, etc) to be used during installation? Or are these items generally not needed? Thanks! :D
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