
CPU: E8200 OEM £101
About £20 more expensive than the E7200, what does that £20 more get you? A whole lot really! A additional 3MB cache, what should be a much better overclocker and 130MHz extra default frequency vs. a E7200.
Mainboard: Asus P5Q Pro £94
Stalwart, reliable, 3 years warrenty, excellent BIOS support and with enough overclocking options to shake a stick at, this is THE ultimate budget board of the moment. It skimps nowhere and brings outstanding value for money. Oh, its a fantastic OCing board too.
RAM: 4GB G-Skill PC8500 £51
Roughly £7 more expensive than cheap PC6400 this memory is the ultimate companion. Lifetime warrenty, low operating voltage, default frequency of 1066MHz vs PC6400s lowly 800MHz, and with some OC room to spare on this PC8500 kit (anywhere in the region of a extra 100MHz), and a 8 layer PCB vs. the more common 6 layer PCB, this stuff is built to last. Regardless of popular belief, 8GB memory is NOT needed. 2GB memory is even enough if you know how to properly optimise your system.
Graphics: Asus HD4830 512MB £84
Enough onboard memory to keep you going for some time, 640 Shader Processors, all the trimmings you would expect of a modern graphics card and default frequencies of 575MHz core and 2GHz GDDR3 memory, this card is no slouch. For the money theres absolutely no arguing this is a blazing fast card, and if it is OCd, the card quite comfortably reaches HD4850 performance and perhaps a little bit more. Not bad at all.
PSU: Hi-Power 800w £67
A key area you must NEVER, EVER, skimp on. The PSU is one of the hearts of the system. Cheap out you can expose yourself to instability and unreliable operation. If your really unlucky, maybe even blow all of your brand new system up. Fortunately, this PSU will see you having none of the former. This unit is reliable, powerful, stable, and will easily see you through many years of service. Being modular as well, if theres some unused cables, just unplug them from the PSU and store them safely away for future use! The only caution on this unit is the fan grill, it juts down a bit. If you find yourself unable to install the unit due to this, don't worry. You can easily remove the grill and put the screws back to hold the fan in place, no disassembly of the unit itself required.
HDD: 500GB WD Caviar 32MB cache £56
Easily the best SATA2 HDD of the moment, with a 5 year warrenty to back it up, what else can be said? You would be a fool not to get this drive.
Total Cost: About £453 + postage
There you go folks, my recommended system of the moment. Its fast, powerful, and CHEAP! Weather you decide to OC it or not.