So I know this question has been asked a million times, but in this case, the i7 is only $230 whereas the i5 is $190. Saving money on the processor would potentially give me money for a better gpu (looking at a 660/7870 now so suggestions would be nice). I plan on mainly gaming while occasionally rendering a video or two (probably nothing the i5 can't handle). With that being said, which processor is better for the price point and what GPU do you recommend to go along with it (about $280 with i5 or $240 with i7)?
Since you're only going to be doing occasional video rendering then the i5 should be more then sufficent, i'd worry more on the GPU side of things to make sure you'll have a good gaming experience since that's what you're mainly doing.