I have built the system and here is what I ended up going with:
Intel i5 2500k 3.3GHz CPU (will overclock to 4.5GHz soon)
Noctua NH-C14 HSF
G-skil Ripjaw X 4x4GB 1600MHz RAM
AMD Msi Twin Frozr II r6950 2gb GPU
ASRock Extreme4 Gen3 Motherboard
SilverStone Strider Gold 850W PSU
Corsair Force GT 120GB SSD
Bitfenix sleeved 24 Pin cable
WD 1.5TB Caviar Green HDD
WD 2TB Caviar Green HDD
Corsair Obsidian 650D Case
Took about 8 hours to put it all together and install windows 7 Ultimate and Office 2010.
Here is a
low res timelapse video of the build. The original video is high res but had to compress it as the file was 300mb (around 90fps 1080p).
Had some stability problems with it such as I would open lightroom and laod photos and then it would freeze or itunes would stop working. I think it is the SSD causing the problems but I changed it from IDE to AHCI and flashed 1.3.3 firmware and for now it is running smoothly.
Doing some RAM stability testing with eight memtest86 programs running at 2000MB to test my 16GB of RAM at 100% load. Then I ran OCCT for 8 hours with 100% load on the CPU and it passed and GPU passed msi kombustor.
I planning on overclock the cpu to 4.5GHz, Memory to 1600MHz with lower latency, unlock the 6970 GPU shaders and overclock to around 870MHz. But first I have a corrupt HDD that I need to sort out.
Got some nice boxes:
Thank you all for your help and advice, especially lehtv.