I would think something like this would be quite a bit better:
PCPartPicker part list:
http://pcpartpicker.com/p/v2Pzpg
Price breakdown by merchant:
http://pcpartpicker.com/p/v2Pzpg/by_merchant/
CPU: Intel Pentium G3258 3.2GHz Dual-Core Processor ($54.99 @ Amazon)
Motherboard: Asus H81M-D PLUS Micro ATX LGA1150 Motherboard ($44.99 @ Newegg)
Memory: Corsair XMS3 4GB (1 x 4GB) DDR3-1333 Memory ($28.99 @ Newegg)
Memory: Corsair XMS3 4GB (1 x 4GB) DDR3-1333 Memory ($28.99 @ Newegg)
Storage: Seagate 1TB 3.5" 7200RPM Hybrid Internal Hard Drive ($77.99 @ Amazon)
Video Card: Asus GeForce GT 630 2GB Video Card ($47.99 @ NCIX US)
Case: Antec VSK-3000 MicroATX Mid Tower Case ($34.98 @ Newegg)
Power Supply: Corsair Builder 430W 80+ Bronze Certified ATX Power Supply ($19.99 @ Newegg)
Optical Drive: LG UH12NS30 Blu-Ray Reader, DVD/CD Writer ($34.99 @ Newegg)
Operating System: Microsoft Windows 8.1 - 64-bit (OEM) (64-bit) ($96.94 @ OutletPC)
Total: $470.84
Prices include shipping, taxes, and discounts when available
Generated by PCPartPicker 2014-09-11 11:22 EDT-0400
Did add a hybrid 1 TB for some SSD assistance. Should help with OS quickness and such.