4 sticks of RAM(quad channel) is good if the motherboard supports quad channel memory. Not sure if that one does. Looked it up and couldn't find anything. I don't think having 4 slots means it supports quad channel, necessarily.Thanks a lot guys! Questions: is there an advantage to using 4 sticks of 4gb ram versus 2x 8gb sticks? Why a MicroATX motherboard versus a regular ATX? And, with the hard drive, is the "green" series decent? I'd like to go 7200rpm 64mb cache (I rally am future proofing to a small extent). Also, I do have a copy of Windows 8.1 that i'll be using, so that will free up 90 bucks.
MicroATX is just a smaller sized motherboard, usually meant for somewhat smaller cases like the one that was chosen there. If you don't mind having a bigger case, you will have more options available to you(and possibly better cooling, too). Whether size/form is important is something you should probably decide.
The Greens WD's aren't supposed to be that great, from what I heard. Correct me if I'm wrong guys. Blue's are great value, Blacks perform well but a pricey. Blue is a good option. And yea, definitely go with 7200rpm if you can. No use cheaping out here.
Do you definitely need a monitor? Cuz if you don't, I'd really scratch the CPU/mobo/RAM listed and go for an Intel 5820k 6 core processor. It means getting a different motherboard and somewhat expensive DDR4 RAM, but with your budget, its hard to recommend a standard 4 core when you could have the new hot shit.
EDIT: Ok yea, saw you do need new monitor. 4790k is still a great CPU.
You gonna be playing racing sims, I take it?