No. That's too bad of a PSU. I wouldn't risk it.
On the other hand, what's the rest of your system?
the rest of the Planned system is
Phenom II 965 x4 AM3
Asrock or Asus Amd 970 series motherboard (not sure which one yet)
16 gb DDR3 ram xm3 corsair
have a dvd rw cd rw combo thingy by LG
no liquid cooling of any sort
4 led 120 mm fans
as for my budget $50 is the max i can go ... hopefully
EDIT:- the only reason i bought the power supply that i have now is because it was free at black friday last year