550w Corsiar with a GTX980 - Good idea?

Personally I wouldn't.

How old is that PSU? The reviews I've found date back to 2008. If it is getting to that sort of age, then the components will have aged and degraded. Given that it could only output ~490W on the 12V rail as new, I wouldn't be confident that now it would be able to support a 980 and everything else without being pushed close to its' limit.
 
RM series. Do you know something I don't?

I have an RM series in another system and it's been trouble free for some time now.
 
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As above, RMx and RMi are excellent buys, but RM internally overpriced for what they are. Usually get the far better EVGA GS or G2 for the same price
 
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