Budget PC Better than PS4 700$ with monitor

I desperately need help creating a part list with a strict budget of 700$ (With Monitor). I want it to game better then the upcoming Playstation 4 and it to run Sony Vegas or Premier Pro quickly. This has been extremely hard for me, and it since the cpu is what i may have to cut back the most it won't render as quickly as I want to ( 1 hour video = 35 mins or less). I also want it to be a great performer in the less intensive photoshop. To reach this level I would allow suggestions of over-clocking, and whatever cpu/gpu must be over-clockable. Gpu acceleration would be nice, too. Please help, it seems to be impossible, something close to it on budget.
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More about budget ps4 700 monitor
  1. aint happening.

    my best shot at it. going lower will = less performance than a ps4 if thats what you are looking forward to compare against. i can tell you that you can render a video in less time than 25 mins though
    http://pcpartpicker.com/p/Ntw8
  2. TheBigTroll said:
    aint happening.

    my best shot at it. going lower will = less performance than a ps4 if thats what you are looking forward to compare against. i can tell you that you can render a video in less time than 25 mins though
    http://pcpartpicker.com/p/Ntw8


    That's especially true with the rapidly fluctuating RAM and hard drive prices.

    This was the cheapest I could do:

    PCPartPicker part list / Price breakdown by merchant / Benchmarks

    CPU: Intel Core i5-3350P 3.1GHz Quad-Core Processor ($179.99 @ Newegg)
    Motherboard: ASRock Z75 Pro3 ATX LGA1155 Motherboard ($84.99 @ Newegg)
    Memory: Corsair Vengeance 8GB (2 x 4GB) DDR3-1600 Memory ($64.23 @ Amazon)
    Storage: Western Digital Caviar Blue 1TB 3.5" 7200RPM Internal Hard Drive ($74.99 @ Newegg)
    Video Card: Sapphire Radeon HD 7850 2GB Video Card ($184.99 @ Newegg)
    Case: Corsair 200R ATX Mid Tower Case ($59.99 @ TigerDirect)
    Power Supply: SeaSonic S12II 520W 80 PLUS Bronze Certified ATX12V / EPS12V Power Supply ($72.98 @ SuperBiiz)
    Optical Drive: Lite-On iHAS124-04 DVD/CD Writer ($17.99 @ Newegg)
    Total: $733.15
    (Prices include shipping, taxes, and discounts when available.)
    (Generated by PCPartPicker 2013-03-31 13:02 EDT-0400)

    OR:

    PCPartPicker part list / Price breakdown by merchant / Benchmarks

    CPU: AMD FX-6300 3.5GHz 6-Core Processor ($129.99 @ Newegg)
    Motherboard: ASRock 970 EXTREME4 ATX AM3+ Motherboard ($107.86 @ Newegg)
    Memory: Corsair Vengeance 8GB (2 x 4GB) DDR3-1600 Memory ($64.99 @ Newegg)
    Storage: Western Digital Caviar Blue 1TB 3.5" 7200RPM Internal Hard Drive ($74.99 @ Newegg)
    Video Card: Sapphire Radeon HD 7850 2GB Video Card ($184.99 @ Newegg)
    Case: Corsair 200R ATX Mid Tower Case ($63.98 @ Newegg)
    Power Supply: SeaSonic S12II 520W 80 PLUS Bronze Certified ATX12V / EPS12V Power Supply ($74.64 @ Newegg)
    Optical Drive: Lite-On iHAS124-04 DVD/CD Writer ($17.99 @ Newegg)
    Total: $712.43
    (Prices include shipping, taxes, and discounts when available.)
    (Generated by PCPartPicker 2013-03-31 13:02 EDT-0400)
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