building a gaming pc $700.00 price point 1920x1080p Max Settings

i am wanting to build a new gaming pc and have managed to compile a list of worthy parts that will not suffer i hope when playing latest DX11 games at max settings. I plan on using this with a Panasonic 60" plasma screen running at 1920x1080p. Will these parts makeup a decent combo for me to achieve my goals? I play alot of different games but without naming titles so much i want to be able to play mostly anything at max settings. Also i like to watch movies with true motion SVP technology with my media player and it is cpu intensive so should i go for the listed 965 BE or step up into the 8320-8350 range. I would like to keep this an AMD build mainly for budget reasons so here is my list. Any comments or suggestions welcome . Thanx. i do plan on OCing both the CPU and GPU if possible.

Thermaltake V3 Black AMD Edition VL800P1W2N Black / Red SECC / Plastic ATX Mid Tower Computer Case ($49.99)
MSI 970A-G46 AM3+ AMD 970 SATA 6Gb/s USB 3.0 ATX AMD Motherboard with UEFI BIOS ($79.99)
CORSAIR GS600 600W ATX12V v2.3 SLI Ready CrossFire Ready 80 PLUS BRONZE Certified Active PFC Power Supply ($79.99)
G.SKILL Sniper Series 8GB (2 x 4GB) 240-Pin DDR3 SDRAM DDR3 1866 (PC3 14900) Desktop Memory Model F3-14900CL9D-8GBSR ($69.99)
AMD Phenom II X4 965 Black Edition Deneb 3.4GHz Socket AM3 125W Quad-Core Processor HDZ965FBGMBOX ($94.99)
Gigabyte AMD Radeon HD 7950 3GB GDDR5 DVI-I/HDMI/2x Mini-Displayport PCI-Express Graphic Card GV-R795WF3-3GD ($309.99)
Main Drive I have/ Seagate Barracuda 7200rpm 3TB
Storage drive i have / My passport USB 3.0 1.5TB
Total cost: $684.94

Would like to make a quieter machine as well. Case has room enough to top mount a dual radiator water-cooler and would like to do a closed loop system to keep it simple. maybe something from Corsair i have read they are pretty good though i have never used these before. Just tired of the noise that the air-coolers put out.
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  1. Don't get the 7950 and then get a crappy CPU. Downgrade your GPU to the 7870, which is still very good, and will run games on max settings and then get a i5 3570k. Which you can overclock with an msi z77-ma-g45 mobo.
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