Gigabyte Z97X Gaming 3 for Intel Socket 1150
Unless you are going to be running SLI or Crossfire or doing some very seriously overclocking this board is a waste of money.
Intel Haswell Core i5-4670K
As per above, unless your goal is to overclock this isn't going to help a budget gaming machine, you would also need to include the price of a better cooler which would be $150-$200 better spent elsewhere.
I run several 1TB drives and the only one's I've ever had fail have both been Seagate.
2x Kingston DDR3 8GB (2X4GB)
Unless you will be running virtual machines you don't need more than 8GB of RAM for gaming, that $130 is better spent on an SSD.
NZXT PHANTOM 410 CRAFTED MID TOWER CASE
SEASONIC G SERIES 550W 80PLUS GOLD POWER SUPPLY
INTEL HASWELL CORE I5 4460 3.20GHZ 6MB LGA1150
WESTERN DIGITAL BLUE WD10EZEX 1TB 64MB CACHE SATA3
SAMSUNG 840 EVO SERIES 120GB 2.5" SATA3 SSD
EVGA GEFORCE GTX750TI FTW 2GB GDDR5 PCI-E3.0
ASUS H97M-E, INTEL H97, MATX, LGA1150, M.2 SLOTS 10GB/S READY, MOTHERBOARD
CORSAIR CML8GX3M2A1600C9 VENGEANCE LP 8GB
~ $1419.60
You could definitely drop the price of some of the items that I've listed, or drop them entirely (SSD). This system would be more than capable of running any of the latest games at 1080p at pretty much the highest settings. You'd probably be able to do some recording as well for most games on top of that using either Shadow Play or QuickSync.
