I'm in the middle of rebuilding. Here's what I'm getting.
$69: Coolermaster Centurion 590 - Nice looking case with good ventilation, PS mounting on the bottom, and cable management for under $70. Free shipping from Newegg and Amazon.
http://www.newegg.com/Product/Product.a ... -_-Product$199: Intel i5-750 - This seems to be the sweet spot of price and performance. If you jump up to the i7 it's a pretty big increase in CPU costs for a marginal performance gain. Not to mention the platform for the i7 is more expensive in general by about $100.
http://www.newegg.com/Product/Product.a ... -_-Product$119: ASUS P7P55 LX - I haven't ordered this yet, but it will probably be my choice (or the one bzer posted) because I like Asus and fits my budge nicely. There are a gazillion boards out there, every manufacturer has three different series, and each series has like 3 different models.
http://www.newegg.com/Product/Product.a ... 6813131604$114: G.SKILL 4GB (2 x 2GB) DDR3 -
http://www.newegg.com/Product/Product.a ... 6820231303$219: Radeon 4890 - I ordered the last 4890 in the free world so don't bother looking for this card
http://www.newegg.com/Product/Product.a ... 6814102848Total: $720 - Of course, I already have a good gaming LCD and a decent power supply from my last build. I may order an SSD once they start to come down in price. I've always been more of a "value" guy when it comes to building a gaming rig, I like to purchase one generation behind as I find that's where the best price/performance ratio is. So take my advice with a grain of salt if you're looking for a smoking hot machine.