Oh sheesh. I *have* been out of the loop for a while. 5ms LCD's were unheard of last I checked (my 12ms lcd was the fastest at the time I believe, though somewhat small).
As far as the other suggestions:
So Intel rules the roost now eh? Last I checked AMD was the hop topic with their 64 line. That's good, I like change. Keeps the competition fierce and the prices tolerable. I see there's a deal too on it to go with an eVGA card. I know they make an 8800gts, are their cards quality?
As far as mobo, the ASUS looks good. I see complaints towards the onboard sound, but since I want to buy a separate sound card, that shouldn't be a problem anyway.
No, I'm not that hardcore, I just like my games to look pretty so I'm not left straining my eyes. My biggest problem with this LCD was the refresh-rate.
Budget: under 2000 would be good, that was the cost for my last PC, that's with a monitor though (the price was 2020 to be exact, lol)