U could go for the Asus K8N mobo .. it has nForce3 250GB chipset ....only backdrop is that its socket754 but the good part is that u get a very good quality onboard 5.1 channel out ....
Get a Powercolor Radeon 9600XT ... at your budget this card will easily outperform the Fx's within the 5k mark ..
Go for the Smasng Syncmaster 793MB .. best picture ...
Get another 512MB DDR400 ram module .......
U can go for the Creative Inspire 5200 5.1 speakers .. they wont take much space and they sound great ...
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