What do you think of this gaming build?

Hi Everyone,

I'm building a New PC. Read on and tell me what you think. Open for all kind of suggestions. Do not want AMD processors

Approximate Purchase Date: This Week
Budget Range: $1200
System Usage: Gaming > Video Editing and Encoding > Watching Movies > Surfing the internet > Folding@Home
Are you buying a monitor: Yes
Parts Not Required: Graphics card (Waiting for the release of NVidia GTX 660 Ti. After seeing how it performs, I'll buy a GTX 570 or GTX 660ti), Keyboard
Preferred Website for Parts: Will be buying from a local store
Location: India
Overclocking: Yes
SLI: Maybe, in future
Monitor Resolution: 1920x1080 or 1920x1200

Components
Motherboard - Asus P8Z68-V GEN3 or Asus P8Z77-V
Both are LGA 1155 (SB and IB), SATA 6Gb/s, USB 3.0, ATX Intel Motherboard with UEFI BIOS, 32 GB DDR3 Dual Channel, PCI-E 3.0

Processor - Intel Core i5-2500K
Sandy Bridge, 3.3GHz (3.7GHz Turbo Boost), LGA 1155, 95W, Quad-Core, Intel HD Graphics 3000

Cooler - Cooler Master Hyper 212 EVO
Air Cooler, Continuous Direct Contact, 4 ø6mm Heat pipes, 120mm Sleeve, Intel 2011/1366/1155

Memory - Corsair Vengeance Cerulean Blue
240-Pin, DDR3 SDRAM, 1600 MHz (PC3 12800), CAS Latency 9-9-9-24

Hard Disk - Seagate Barracuda
1 TB, SATA 3.0 Gb/s, 64 MB Cache, 7200 rpm, 3.5", Internal

Power Supply - Corsair Enthusiast TX750 V2
750W, ATX 12V v2.31 / EPS 12V v2.92, 80 Plus Bronze, Non-Modular (Was looking for TX 750M, but the retailer cannot find one)

Case - Cooler Master HAF X or Cooler Master HAF 932 Advanced
ATX, Full Tower, Black, Steel, USB 3.0, Black Interior and Four Fans

Display - Have not decided on one but these are the requirements - 22 inch, LED back lit, 1920 X 1080, 2 ms response time. ~ $200

Mouse - Logitech G9x
USB, Laser, Black, Wired, Right Handed, 5700 dpi