How is my sub-$700 build look?

I am in the process of finalizing the order for my first homebuilt PC! I was planning to wait for tax return season, however, had so many deals too great to pass up. My budget is around $800, with a monitor. I have already selected all of the necessary components, I just wanted to have some extra sets of (more knowledgable) eyes take a look to make sure all is compatible and also if anything could be better while staying within budget.

The computer is intended to be used for college work mainly consisting of programming, web development, IT mngt. etc. as well as mild to moderate gaming, typically WoW, Starcraft or anything Star Wars. I am aslo an avid movie fan and enjoy fast, reliable, and high quality video. Also I will be working from home via this system in the near future so durability over long use periods is also an important factor and one that I know little about.

Thanks in advance!

Intel Core i3-2120 Sandy Bridge 3.3GHz LGA 1155 65W Dual-Core Desktop Processor Intel HD Graphics 2000 BX80623I32120

CORSAIR CX Series CX750 750W ATX12V / EPS12V SLI Ready CrossFire Ready 80 PLUS BRONZE Certified Active PFC Power ...

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

Refurbished: Logitech K360 920-003320 Glossy Black USB RF Wireless Mini Keyboard

Open Box: ASUS P8H77-V LGA 1155 Intel H77 HDMI SATA 6Gb/s USB 3.0 ATX Intel Motherboard

OCZ Agility 4 AGT4-25SAT3-256G 2.5" 256GB SATA III MLC Internal Solid State Drive (SSD)

XFX HD-687A-ZHFC Radeon HD 6870 1GB 256-bit GDDR5 PCI Express 2.1 x16 HDCP Ready CrossFireX Support Video Card

NZXT GAMMA Classic Series GAMA-001BK Black Steel ATX Mid Tower Computer Case

G.SKILL Ripjaws X Series 8GB (2 x 4GB) 240-Pin DDR3 SDRAM DDR3 1866 (PC3 14900) Desktop Memory Model F3-14900CL9D-8GBXL

ASUS VS Series VS238H-P Black 23" 2ms HDMI LED Backlight Widescreen LCD Monitor

CORSAIR Hydro series H50 High Performance CPU Cooler

This comes out to $897, which is a tad over budget. Luckily, I have $95 in rebates bringing me to only $2 over. Please do comment/suggest/review.
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More about build look
  1. You can save a lot more money if you follow this.

    PCPartPicker part list / Price breakdown by merchant / Benchmarks

    CPU: Intel Core i5-3470 3.2GHz Quad-Core Processor ($184.99 @ Amazon)
    Motherboard: ASRock H77M Micro ATX LGA1155 Motherboard ($59.99 @ Newegg)
    Memory: G.Skill Ripjaws Series 8GB (2 x 4GB) DDR3-1600 Memory ($24.99 @ Newegg)
    Storage: Seagate Barracuda 2TB 3.5" 7200RPM Internal Hard Drive ($69.99 @ Newegg)
    Video Card: XFX Radeon HD 6870 1GB Video Card ($119.99 @ Newegg)
    Case: Cooler Master Elite 431 Plus (Black) ATX Mid Tower Case ($29.99 @ Newegg)
    Power Supply: PC Power & Cooling Silencer MK III 500W 80 PLUS Bronze Certified ATX12V Power Supply ($49.99 @ Newegg)
    Optical Drive: Lite-On iHAS124-04 DVD/CD Writer ($15.99 @ Newegg)
    Monitor: Samsung S22B150N 21.5" Monitor ($109.99 @ Newegg)
    Total: $665.91
    (Prices include shipping, taxes, and discounts when available.)
    (Generated by PCPartPicker 2012-11-25 10:25 EST-0500)
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