Congrats on your CBR 1000 and I hope you come and track it someday, maybe even at Laguna Seca! Remember it is MotoGP Red Bull U.S. Grand Prix this weekend! LOL. Just had to say it.
This build isn't a bad place to start. I highly agree with the Memory and Monitor recommendations and the 3gb MSI 7950 Twin Frozr III is a very solid graphics card choice especially for this generation. The only thing I would change about this are probably the cooler and the power supply.
The owned (and still own) the Corsair TX650 but I distinctly remember my disdain when I went for the subsequent upgrade about a year and half after I built that rig...the wattage. Now for whats in the case now, its fine but because the TX650 isn't modular, you've got a bit of wiring that you probably will do. Ok, nothing wrong there, but imagine taking it apart for an upgrade! Not to mention if you upgrade to something more power hungry like a Crossfire setup, you gotta get a bigger power supply. So imagine your beautiful wiring job, and you having to take it apart... So if I had to make a recommendation I would recommend the Corsair HX850. It is semi-modular, in that the main 12V ATX rail is permanent but all the remaining SATA/Molex/PCIe rails are modular allowing for a much cleaner and easier setup and take down. The 850W recommendation is based on personal experience and I have found it to be very robust in the way of most upgrades. That's just my two cents. (Like I said the 650W power supply is fine for the above setup and you can save some buy-in cost by getting it but I think the extra 60 bucks or so on the HX850 is worth it down the line. )
As for the CPU cooler I would say for $50 or so, even with the combo deal at NewEgg, is only moderate at best. I think for that extra $50 you can get better coolers. (Reminder, the combo deal listed only saves you $17). For your reference here is a good review of that cooler: http://www.bit-tech.net/hardware/cooling/2011/03/21/xigmatek-dark-knight-review/1
The cooler itself is not so bad but I am more inclined to save a few bucks and get something like a Cooler Master Hyper 212+ (only about $20) It performs a bit better than the Xigmatek overall and costs quite a bit less. If you are looking for other air cooling options for your CPU there is a great thread here on OCN: http://www.overclock.net/t/1180231/best-air-cooler-for-different-price-points-thread
I hope that helps, but otherwise the build recommended above is a great place to start! After that its up to your taste really.