OK, here's the revised build after considering your suggestions
http://pcpartpicker.com/p/Kv6Ggs Changed CPU to: Intel Core i5-4690K 3.5GHz Quad-Core Processor
Changed CPU cooler to: Corsair H55 57.0 CFM Liquid CPU Cooler
Changed Pwer supply to: Corsair RM 750W 80+ Gold Certified Fully-Modular ATX Power Supply
Changed memory to: Corsair Vengeance Pro 16GB (2 x 8GB) DDR3-1866 Memory
Changed hard drive to: Sandisk Solid State Drive 128GB 2.5" Solid State Drive
Western Digital Caviar Blue 1TB 3.5" 7200RPM Internal Hard Drive
Changed GPU to: EVGA GeForce GTX 970 4GB FTW+ ACX 2.0+ Video Card
Changed OS to: Microsoft Windows 7 Home Premium SP1 OEM (64-bit)
Only about $200 over what I wanted to spend, but I can live with that.
Question about memory.. Better to have 2 8GB, or 1 16GB ? plan to expand in future