Tus, your machine is quite simular to the machine I built this fall.
2.8 Ghz P4 w ht and 800 FSB
2 sticks of Kingston 512 MB RAM
Intel 875 PBZ motherboard that actually has a small amout of coverclocking available- they call it burn in
ATI Radeon 9600 Pro (one of the two real "economy" items in this machine)
Seagate 80 GB SATA HD
Sound Blaster Audigy II LS
Logitech Z-3 2.1 speakers
(as with the graphics I went with a mid-range setup for the sound)
Asus 52X CR-ROM ( the TEAC 540E CD-RW is still in my other machine and may stay there)
430 Watt Antec power supply (yes you should have gotten a larger power supply.
)
Windows XP Pro
Belkin two port KVM (I need to get a four port model though)
A humongous Antec PlusView 1000 AMG (It doesn't weigh 30 pounds although a compass and emergancy rations are suggested when goin in)
The cost was just shy of $1500 which I consider very good since I bought everyting except the Audigy and the Z-3 from a local shop while the sound card and speakers came from Best Buy.