Now, my question is, should I go ahead and purchase this one? Or do you guys think I would be able to build one with similar (or even better) specs for cheaper?
More aboutbuild purchase
Build, obviously. Also HD 7750 Gamer xtreme
You can build a rig for $500 yourself that will blow this thing you linked out of the water in any way you can think of.
Agreed. Building may seem a daunting task but your pretty much just assembling pieces. It not only will save you tons of money, you will gain the advantage of being able to pick parts to suite your needs. You can easily get parts for a lower price that are better than this system. Also by "assembling" your own, you will gain vital knowledge to what you need in a pc for future reference.