Best graphics card for $200?

Hello! I am building a PC and I have all my hardware selected but, I have $200 for a graphics card set aside.

PCPartPicker part list:
Price breakdown by merchant:

CPU: Intel Pentium G860 3.0GHz Dual-Core Processor ($67.53 @ NCIX US)
Motherboard: MSI Z68A-G43 (G3) ATX LGA1155 Motherboard ($49.99 @ Newegg)
Memory: Crucial Ballistix 4GB (2 x 2GB) DDR3-1600 Memory ($16.99 @ Newegg)
Storage: Seagate Barracuda 500GB 3.5" 7200RPM Internal Hard Drive ($54.99 @ NCIX US)
Case: NZXT Gamma Classic (Black) ATX Mid Tower Case ($34.99 @ Amazon)
Power Supply: Antec 450W ATX12V Power Supply ($31.64 @ NCIX US)
Optical Drive: Lite-On IHAS324-98 DVD/CD Writer ($14.99 @ Newegg)
Total: $271.11
(Prices include shipping, taxes, and discounts when available.)
(Generated by PCPartPicker 2012-12-06 06:34 EST-0500

I want to keep my budget under $500. Is there a going to be a bottleneck of the CPU and GPU? Also, do you have any better suggestions on my parts help me with that as well!

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