Build a Gaming PC with $500-$750 Budget?

I'm wondering if anyone can find the best gaming computer specs of all the essentials to make a gaming pc. Cheap/good case, motherboard, cpu, ram, graphics card and such that are all compatible and it needs to have windows 7. I don't know much about pc specs and what's compatible. So could anyone please help educate me or show me a good pc build? Budget is hopefully under $500 but I'm willing to go to $750 but nothing over. This is my original build idea but someone said the power supply wouldn't work, plus adding something about the motherboard. Please help?: http://pcpartpicker.com/user/cory_cossey/saved/
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    with this set up you will be able to play all current games on mid high settings i could make it cheaper but it will be play less good.
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    there you go it don't get cheaper than that if you want to game decently good luck
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