No it is better.
Gen3 motherboard.
Better closed loop water cooler.
2TB drive.
Bigger SSD and more reliable too.
You specced useless stuff like 1866mhz ram which has no effect on sandybridge performance and is a waste of money.
No its much slower
Gen 3 ive already explained is useless right now.
The msi board has 8 Phase Power Design when compared to the gigabytes 12 Phase Power Design.
The hdd u spec'd may have more space but its a slow hdd running at 5400rpm
Bigger ssd what 4gb get real and no not more reliable at all so don't state such ridiculous things will you.
1866mhz ram has been proven to show slight improvements over 1600mhz in certain areas but that was not my main port of call.
The main reason why is because there on offer right now and at only £60 they offer more improvement over 1600mhz while being priced the same.
I also forgot to mention that when the pc i spec'd is built it will have a much more uniformed look to it as there is a nice black theme surrounding it,
Unlike your spec which seams to be all over the place and have no theme going on what so ever and when built will just look tacky.
I don't have time to be arguing on forums all night unlike some so if you have a quality point to make then will you get to please.