My final new spec

[XtAsY]

Tell me what you think..

Intel Core 2 Extreme QX6700 cooled by Zalman CNPS9700
2 GB Corsair XMS2 6400C4 TwinX (2 X 1GB)
BFG Nvidia 8800 GTX
Abit IN9 32-MAX 680i SLI
OCZ GameXStream 700W PSU
SoundBlaster X-FI Xtreme Gamer Fatality & Gigaworks 7.1 S750 THX
2 x 250GB Seagate Barracuda 7200.10

 

[Stelly]

looks good but I would change your Corsair XMS2 for some Team Xtreem 2GB (2 x 1GB) DDR2 PC2-6400C4

Stelly

 

[masslac]

You don't need a 700W PSU. Take a look at http://www.overclockers.co.uk/showproduct.php?prodid=CA-005-CS

The rest looks good.