I play at 1440 x 900 with a 9800Gt, which is slower than the 7750 by a bit, and with an E4500, which is slower than your CPU. I dont play really demanding games though. I can run Skyrim at high settings with a few tweaks. I also have played Mass Effect 3, Modern Warfare and several other games at med to high settings. You might have to dial down settings in something like Metro 2033 or BF3. I havent played those. So you should be good for now. I cant say what the requirements will move up to when the new consoles come out though.
However, as others have said, it would be more cost effective in the long run to upgrade the power supply and get a better card. I have a weak power supply, and bought 3 or 4 upgrade cards as better ones came out which could use an OEM 300 watt power supply. I would have saved money in the long run to have upgraded the power supply at the start, got a better card, and not have to have upgraded so often.