A well-designed PSU from a reputable mfr will power the CPU and MB using one rail, with the video card and other accessories on the other rail. The CPU/MB rail should deliver at least 16A, and the combined 12V rails should have a CONTINUOUS rating of at least 28A. Pay attention to the efficiency number. Heat is the number one reason why the PSU fails to deliver the maximum output current. Make sure that the case is well vented and that the PSU is rated at 75% efficiency.
It is VERY rare for a system to drive all the components at 100% load. Therefore 350 watts of clean power is more than adequate for all but the most exotic system.
Here's one specific example:
AMD 3000 Venice overclocked to 3800 speed with 1GB RAM, 160GB 7200 rpm HDD, USR 5610B hardware modem, wireless PCI network card, DVD burner, Zalman 7700Cu CPU cooler, floppy drive, and two 120x38mm medium speed Panaflo fans. When all devices are running at full speed, the actual maximum load is approximately 220 watts. Prime95's max heat uses the most juice from the CPU.