First time builder need desperate help on budget gamer build.

Build 1:

L12-1312 OEM ::Lite-On IHAS124-04 Internal DVD Writer - DVD+R 24X, DVD-R 24X, DVD+RW 8X, DVD-RW 6X, DVD+R DL 8X, SATA (OEM)(0.3 lbs)
$17.99

TSD-500AAKX ::Western Digital WD5000AAKX Caviar Blue Hard Drive - 500GB, 3.5", SATA 6Gbps, 7200RPM, 16MB(1.15 lbs)
 $79.99

C19-6131 ::Crucial BLS4G3D1339DS1S00 Ballistix Desktop Memory Module - 4GB, PC3-10600, DDR3-1333MHz, 240-pin DIMM, 1.5V, CL9, Non-ECC, Unbuffered(0.2 lbs)
$19.99

A79-1965 ::AMD Phenom II X4 965 Black Edition AM3 CPU HDZ965FBGMBOX - 3.40GHz, Socket AM3, 6MB Cache, 2000MHz (4000 MT/s) FSB, Retail, Processor with Fan(0.95 lbs)
$109.99

A455-3067 ::ASUS M5A97 AMD 9 Series AM3+ Motherboard - ATX, Socket AM3+, AMD 970 Chipset, 2133MHz DDR3 (O.C.), SATA 6.0 Gb/s, 8-CH Audio, Gigabit LAN, SuperSpeed USB 3.0, CrossFireX Ready(2.2 lbs)
$89.99

M17-7302 ::Microsoft Windows 7 Home Premium 64BIT Operating System Software - OEM DVD, English(0.5 lbs)
$99.99

E145-0550 ::EVGA 01G-P3-1556-KR GeForce GTX 550 Ti FPB Video Card - 1024MB, GDDR5, PCI-Express 2.0 (x16), 2x Dual-Link DVI-I, 1x Mini-HDMI, DirectX 11, Dual-Slot, SLI Ready(1.85 lbs)
$134.99
$20.00 Mail-in Rebate

C283-3122 ::Cooler Master RC-430-KWN1 Elite 430 Mid Tower ATX Case - ATX/Micro-ATX, USB, Audio, 120mm Blue LED Fan, Black(12.8 lbs)
 $49.99

ULT-LSP550 ::Ultra LSP550 550-Watt Power Supply - ATX, SATA-Ready, SLI-Ready, 135mm Fan
$49.99
Subtotal:652.91
Total with shipping:$694.39

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Build 2:

ASUS DRW-24B1ST/BLK/B/AS Black SATA 24X DVD Burner - Bulk - OEM
$17.99

Rosewill CHALLENGER Black Gaming ATX Mid Tower Computer Case, comes with Three Fans-1x Front Blue LED 120mm Fan, 1x Top 140mm ...
$49.99

Western Digital Caviar Blue WD5000AAKX 500GB 7200 RPM SATA 6.0Gb/s 3.5" Internal Hard Drive -Bare Drive
$74.99

ASRock 970 EXTREME3 AM3+ AMD 970 SATA 6Gb/s USB 3.0 ATX AMD Motherboard
$84.99

SAPPHIRE Radeon HD 6850 1GB 256-bit GDDR5 PCI Express 2.1 x16 HDCP Ready CrossFireX Support Video Card with Eyefinity ...
$149.99

AMD Gift - Dirt3 Game Coupon - OEM
$0.00

Rosewill Green Series RG630-S12 630W Continuous @40°C,80 PLUS Certified, Single 12V Rail, Active PFC "
$59.99

G.SKILL Ripjaws Series 4GB (2 x 2GB) 240-Pin DDR3 SDRAM DDR3 1600 (PC3 12800) Desktop Memory Model F3-12800CL9D-4GBRL
$29.99

AMD FX-4100 Zambezi 3.6GHz (3.8GHz Turbo) Socket AM3+ 95W Quad-Core Desktop Processor FD4100WMGUSBX
$109.99

Microsoft Windows 7 Home Premium SP1 64-OEM
$99.99
subtotal: 677,91
Total with shipping: about $765
Shipping prices are so high I would assume bc I live in Alaska.
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I will need help. I'm new to this stuff and I'm on a tight budget. I was thinking the first build because I'm on such a tight budget. I really only want to play WoW and maybe D3 on med-high graphics with high fps and no lagg. I was told the first build give mor bang for its buck, is this true? Also, are the parts compatible and is there anything that can be downgraded that will lower price but not gameplay too much(or upgraded for that matter). I would also do upgrades in the future but ATM I'm a 17 year old senior in highschool with no job because of traveling and sport scheduling problems. I'm not looking to play B3 on ultra settings, I don't know why every time I post a thread someone assumes I want to even though I say Wow and D3 only on high settings lol. Any constructive critism is welcome.