That's almost fine, but I'd spring for an A64/3800 for $40 more and use a no-name 19" LCD ($170 - the extra screen size is worth it IMO), and $35 Foxconn case.
The Foxconn case has a louder PSU, and that's the only down side to me, but it's measurably better, too. Those 2.4GHz 3800s absolutely...