Building my 1st rig. Review this setup? Opinions / Advice!

For gaming, a Core i7-3770k is practically no better than a Core i5-3570k, so you could save some money there.
You don't seem to have included a graphics card, I guess you just forgot? Anyway, that's one of the most important parts for a gaming system so the money saved on the processor could go into a better graphics card.

Yep,not a gaming PC without a graphics card. You want a Radeon 7xxx series or Geforce gtx 6xx series card to play games well.
Indeed there's savings to be made on the processor

I would say at least a Radeon HD 7850 or Geforce GTX 660 with that build - if you can't afford at least one of those graphics cards, I would downgrade the processor and motherboard in order to get a better graphics card.

you need a graphics card bro

Here is some suggestions to save some $, but still be able to game on:
$60 + shipping
Plenty of power for a single GPU solution and also fairly quiet. You will need a power cord, but most people have extra lying around.
Antec NEO ECO 520C 520W Continuous Power ATX12V v2.3 / EPS12V 80 PLUS Certified Active PFC Power Supply

$38 + shipping
Low profile heat spreaders, so if you need to add an aftermarket CPU HSF, you won't have to worry about the heat spreaders getting in the way of the CPU HSF.
G.SKILL Ares Series 8GB (2 x 4GB) 240-Pin DDR3 SDRAM DDR3 1600 (PC3 12800) Desktop Memory Model F3-1600C9D-8GAO

$80 + shipping
Has plenty of room and quite fast for a "normal" HD. Just add an SSD boot drive later if you can't afford both. You won't be able to have much room for games on a 100 gb SSD (probably ~90 gb formatted). Windows 7 will take about 20-30 gb's fully installed and updated (depending on which version you install).
SAMSUNG Spinpoint F3 HD103SJ 1TB 7200 RPM 32MB Cache SATA 3.0Gb/s 3.5" Internal Hard Drive -Bare Drive

$200 + shipping
Minimum I'd probably consider with the Intel 3570k CPU.
SAPPHIRE 100355L Radeon HD 7850 2GB 256-bit GDDR5 PCI Express 3.0 x16 HDCP Ready Video Card

or

$225 + shipping
EVGA SuperClocked 02G-P4-2662-KR GeForce GTX 660 2GB 192-bit GDDR5 PCI Express 3.0 x16 HDCP Ready SLI Support Video Card

If you can't afford one of those GPU's than I'd probably consider lowering the mobo and the CPU down enough to afford a dedicated GPU.

Lol oops I just goofed. I do have a graphics card already picked out, I just didn't post it by mistake. Its the Asus HD78070 Radeon 2gb 256-bit.

http://www.newegg.ca/Product/Product.aspx?Item=N82E1681...

And last minute I decided to go with the I7. Before that I was going with the Intel core I5 3570k Ivy Bridge 3.4GHz (3.8GHz Turbo)

http://www.newegg.ca/Product/Product.aspx?Item=N82E1681...

As for the ram, I wanted 1866 speed over 1600 speed. Thats why I went with the sniper series.

I'm ok with dropping money in this rig so more expensive parts isn't a problem. Right now with all the parts I listed, with the drop down to the I5 cpu, and the graphics card, total price is $1,176.40. Not bad! so yeah! Final rig!

RAIDMAX Helios ATX-819WB Black Steel
ASRock Z77 Extreme4 LGA 1155 Intel
Intel core I5 3570k Ivy Bridge 3.4GHz (3.8GHz Turbo)
G.SKILL Sniper Series 8GB (2 x 4GB) 240-Pin DDR3 1866
Rosewill 650watt 80+ Gold Modular
Mushkin 100gb SSD
Light on blue ray drive
Cooler Master Hyper 212 Plus cpu fan.

Looks sharp,now you can get a 7970 ghz edition.

if your willing to drop cash into the rig get a gtx 670

I dont want to drop that much cash on the card alone. Later on ill get a gtx 650 ti or something and crossfire it for the psyx. But yah, i''m not putting in thatttt much  

A gaming PC is only as awesome as it's graphics card. If the money is there,that's the biggest part of your investment.

This is still my first rig that iv'e ever built. And I want to keep it within my budget range. All of this + some thermal paste is $1100. I dont really want to go beyond that for now. If I want to upgrade to a beefier card later on that option will always be there. For now i'm going to stick with the 78070.

It's hd7870.
It's still a good card,enjoy your PC.

That extra 0 is just a typo   Yes the HD7870 :3. I mightttt consider dropping the chedda into the card. But I doubt it! Ill probably just end up waiting till the next series of cards come out, and then grab an 670 to crossfire with. Cheaper and I still get a 2nd wicked card. Remember it wont always dominate the market! and soon it wont be $400!

Waiting for the next big thing is vain in my opinion, especially if you can get the current king of the hill. Crossfire is too much of a hassle in my opinion,never really beats one strong card.

one up with the waiting is vain. if its only a gaming rig you really want to make sure the gpu is the best part over everything else . almost all modern games use almost all gpu power not cpu

I also said I had a budget didn't I? Not every body wants to drop $400 on a graphics card. I do need to go to raves n *** ya know, the other tings tings in my life that arnt this rig.

Yes its going to be for gaming, but like I said before this is my 1st rig and I dont want to drop super cash into it right away. + I can always buy the parts later. I dont need anything more then a core I5 3570k. 3.4Ghz is quite enough + the overclocking. Buying an I7 would just be wasting money at this point.

If you take some of my suggestions that I listed before you can still have a good gaming system and still not spend too much. It's up to you, but that is what I think.

That's the thing right there, the $100 you've saved in the processor will get you a much better graphics card that will last you longer,before titles make it struggle,as in,you won't need a new card later.Because by the time a powerful card is old enough to struggle, everything else in the PC is ancient.