Critique my [potential] new desktop system

All prices and item #'s are NewEgg specific:

LG Black 10X Blu-ray Burner - Bulk SATA WH10LS30 LightScribe Support Item #:N82E16827136181 $99.99

Intel Core i7-950 3.06GHz LGA 1366 130W Quad-Core Processor Item #:N82E16819115211 $294.99

Western Digital Caviar Black 1TB 3.5" SATA 6.0Gb/s Internal Hard Drive -Bare Drive Item #:N82E16822136533 $89.99

ASUS Radeon HD 6870 EAH6870/2DI2S/1GD5 Video Card with Eyefinity Item #:N82E16814121401 $259.99

Antec Three Hundred Black Computer Case Item #:N82E16811129042 $59.95

CORSAIR CMPSU-650TX 650W Power Supply Compatible with Core i7 Power Supply Item #:N82E16817139005 $79.99

Crucial RealSSD C300 CTFDDAC064MAG-1G1 2.5" MLC Internal Solid State Drive (SSD) Item #:N82E16820148357 $134.99

ASUS Sabertooth X58 ATX Intel Motherboard Item #:N82E16813131665 $199.99

CORSAIR XMS 8GB (2 x 4GB) 240-Pin DDR3 SDRAM DDR3 2000 (PC3 16000) Desktop Memory Item #:N82E16820145325 $179.99

Grand Total: $1415.85

It's been about 6 years since I build my last desktop system, and it's starting to get pretty long in the tooth. I want to be able to play Diablo 3 and Skyrim when they come out next year, and any other game that comes out in the next 2-3 years (at ~30ish fps). Would someone who has a working knowledge of modern home computing technology give this system a good examination and let me know if they see any potential problems?

Note: I've already bought the Arctic Silver for the CPU, and the 2.5"-->3.5" adapter for the SSD. The OS I can get through my university for very cheap (Win7 x64). The monitor I'm not to sure about... I want something relatively thin, in the 20-21" range that can run at least full 1080p video...