The liquid cooling seems like a waste since you wont be overclocking, you could get better ram for the same price as well. I would also recommend getting a regular hdd as well as the ssd as that could fill up. I have that same monitor and it is quite nice. What fps are you aiming for? And also will you be using a fps config?

You don't need an i7 if the main games you'll be playing are CS:GO and TF2. an i5 3570k will more than suffice.

I probably will be trying to overclock my system. And yeah, I really think I can hold up with the current 256 GB since I don't really fill it up with much anyway. I might still be planning to buy myself a backup HDD just because they're inexpensive. I'm aiming for an amount that ranges from 200 - 250 FPS and up. I use a FPS Config as well.

EDIT: I did some researching about the MSI Motherboard and I'm worried if the problems that some customers experience will happen(Booting and Shutting Down After ~5 Seconds).

If you're overclocking, you need to get the 3770k instead of a 3770, since that is the unlocked version.

[FIXED]

Oh right, right. In fact, do you think it'll be better if I stick to the i5 Unlocked Version since I think the i7 Unlocked is a bit overkill? I'm just planning on streaming TF2 content and occasionally play other games.

$280 for a 660? wouldn't it be better to get a 760 or a 7970 for that price

that monitor looks nice tho

If you plan to overclock get a cpu that you can overclock(i7-3770k). You can get 200-250 in 6s easy if you buy an i5-4570k (or a sandy chipset) and a regular GTX 660. An i7 is really only worth it if you plan to stream or do other cpu intensive multitasking.

Would it be a better alternative? I don't know the real performance boost from the 660 ti to a 760.

http://www.cpubenchmark.net/ this website will give you a pretty good basic idea of performance comparisons for most computer components

http://www.cpubenchmark.net/

http://puu.sh/45WlT.png

i think the 7970 is pushing around $300 though but can be overclocked pretty well

Try to find a motherboard from a more reputable manufacturer such as ASUS or Gigabyte.

Yeah, the only real CPU intensive applications that I'll be running will be OBS for my streaming and for its settings, I set the FPS section to 40. I'm just planning to achieve the 250 and higher FPS while I stream.

If you could help select a well-known and reliable mobo, that will be appreciated. Until then, I'll do more research to see if I can find a good mix between the motherboard, GPU, and CPU that will fit that 1350 dollar price range(Planning on increase that 1300 to a bit higher amount if the situation calls for it).

EDIT2: The things that I have in mind will be the 760, the i5 or i7 overclocked, and some reputable motherboard.

EDIT3: The question, though, is whether the i5 overclocked, can easily fit my streaming settings?

FPS: 40
Max Bitrate: 3000
Buffer: 6000

All getting at least 250 FPS @ 1920 x 1080

I've just updated my build. There are really just two variants that I'm looking at. One has the i5 while the other has the i7. Other changes that were made included finding better RAM and a new GPU.

i5

-I upgraded the quality of the case to a 500R - Black Edition with the amount of money leftover from switching over.

http://pcpartpicker.com/p/1tWe8

Total: $1277.55

i7

http://pcpartpicker.com/p/1tW3u

Total: $1351.56

get a better processor>gpu, it will be more helpful for streaming and tf2

You're gonna want a higher watt PSU if you plan to overclock with that build. 600 - 650 watts should be fine, try to get a semi-modular/modular PSU, it will help with cable management.

The H60 is a waste of money in my opinion.

Edit:old link was wrong, here are come suggestions

http://pcpartpicker.com/part/bitfenix-case-bfcsnb150wwwbsp

http://pcpartpicker.com/part/cooler-master-cpu-cooler-rr212e20pkr1

http://pcpartpicker.com/p/1u1Bk

Updated.

What would you want for your CPU Cooler

The thing with the H60 is that it doesn't really hit any performance mark to justify the price. Let me run through a few scenarios when it comes to overclocking a i5 3570k for example, assuming reasonable voltage.

3570k at 4.2GHz (which is what I have)
Modest overclock, very common mark for average OCers. At this clock generally the CPU is not really going to get much hotter as a result. While the stock cooler might not be a good idea, a cheap, AND GREAT cooler would be this one: http://pcpartpicker.com/part/cooler-master-cpu-cooler-rr212e20pkr1.
Compared to the H60, it will most likely give you similar temperatures at half the price without overheating issues.

3570k at 4.6GHz
Great overclock, with enough tweaking I would guess that a decent number of 3570k can reach this clock speed, but it comes down to the chip itself and the voltage it needs to be stable. At this clock, unless you somehow was lucky enough to get one that can get to this with a low voltage the H60 might work. However to be honest once you reach this tier I would suggest going into the $80+ coolers like the H100i/Kraken X60/NH-D14/Silver Arrow Extreme range of coolers. The H60 is really not good enough to keep these OCed CPUs cool enough I fear.

3570K at >4.6GHz
I don't know what magic you did to get it to 4.7 or 4.8, but I can tell you for sure that the H60 will not be enough, again you want to look at the $80+ range for coolers.

Bottom line:
Personally I just feel that the H60 doesn't do anything useful. Compared to a good and cheap air cooler like the Hyper 212 it doesn't really perform any better with a lower overclock on the CPU and it will likely not be enough with with a higher overclock. Tiger if you are deadset on geting watercooling, maybe a H80? That's about the only single 120mm pre-build watercooler I could maybe see being useful? But even at that price it is not as good as the NH-D14s. I would say just save a bit of money and get a Hyper 212.

I see your reasonings. What temperatures would you expect with the Hyper 212 OC'd at 4.2 Ghz running TF2 while streaming?

Update: http://pcpartpicker.com/p/1u41g

For my personal build I have the 3570K at 1.2v OCed. There is something weird with my CPU where my second core out of the four can be 15c hotter than the rest some times. I suspect that there might be a air pocket there but I'll have to delid it and re-test in order to determine that. However, even with my second core running hotter than expected, at idle my normal is somewhere between 35-40 and 55-65 max under 30min stress tests. As long as my CPU is under 70c I'm happy (althoguh they can do up to 90c).

PCPartPicker part list / Price breakdown by merchant / Benchmarks

CPU: Intel Core i5-4670K 3.4GHz Quad-Core Processor ($199.99 @ Microcenter)
CPU Cooler: Corsair H100i 77.0 CFM Liquid CPU Cooler ($94.99 @ Newegg)
Motherboard: MSI Z87-G45 Gaming ATX LGA1150 Motherboard ($153.98 @ Outlet PC)
Memory: Corsair Vengeance 8GB (2 x 4GB) DDR3-1600 Memory ($56.99 @ Newegg)
Storage: Samsung 840 Series 120GB 2.5" Solid State Disk ($89.99 @ Amazon)
Storage: Seagate Barracuda 1TB 3.5" 7200RPM Internal Hard Drive ($59.98 @ Outlet PC)
Video Card: MSI GeForce GTX 760 2GB Video Card ($265.91 @ Newegg)
Case: Corsair 400R ATX Mid Tower Case ($69.99 @ Newegg)
Power Supply: SeaSonic S12II 620W 80 PLUS Bronze Certified ATX12V / EPS12V Power Supply ($71.98 @ Newegg)
Monitor: Asus VG248QE 144Hz 24.0" Monitor ($250.52 @ Amazon)
Total: $1301.32
(Prices include shipping, taxes, and discounts when available.)
(Generated by PCPartPicker 2013-08-20 11:58 EDT-0400)

I just built my computer a few weeks ago in the same (basic) price range and it's working great. For strictly gaming, pretty much any of these builds will work fine (i5 4670k, etc), but for streaming and rendering and such (multi tasking) I love my 4770k.
Case is all personal preference so not much to say there. For cooling, i personally think air is better since its quieter and simpler, and nearly as good but thats also personal preference. Love my 760 and samsung 840 :)

Just to add on streaming, when I switch from playing normally to streaming i dont see barely any frame drops. Even with demanding games like metro and farcry, the fps stays pretty much the same.

I like Zillis's build because haswell does perform significantly better than ivy bridge, but I would swap out the power supply for this:
www.pcpartpicker.com/part/corsair-power-supply-tx650m

get the cooler master hyper 212 evo heat sink instead of the water cooler too.

I would opt for the i7-4770k if you are wanting to stream- the 4 extra threads over the 4670k should also help as future games increasingly take advantage of them. (upcoming consoles are using 8c cpu so expect AAA titles on PC to start taking greater advantage of 4+ threads.)

Thanks for all the advice so far! I decided that going for the Haswell's version seems like a better alternative so here it is..

http://pcpartpicker.com/p/1uiuX (Updated)

Just a question, though. What differences make this build a better version of my just previous one? I'm somewhat new to building as this is my first one. Fill me in with a detailed explanation if you can :)

http://pcpartpicker.com/p/1u41g

And, what value should the CPU be overclocked to so that it's 'modest'?

with the 212 evo 4.2-4.4 ghz is good before it starts getting pretty hot

The older line of 3xxx series are the Ivy Bridge Chips and the newer line of 4xxx are the Haswell chips. Because Haswell is more condensed, it produces more heat than the older Ivys. Same with the Ivys being hotter than the old 2xxx Sandys. While the 4670k is the new replacement for the old 3570k and performs about 10%-15% better, it will also be hotter. It will be a matter of balancing between heat output and clock speed, decide whether you want it to run at the same overclock (and thus better performance) with hotter temperatures or lower clock (but performing the same) and similar temperatures.

Edit: Haswell is also known to be more difficult to OC because of some overheating issues.