As of right now, this is the modified build I have from your recommendations:
PCPartPicker part list: http://pcpartpicker.com/p/AtTI
Price breakdown by merchant: http://pcpartpicker.com/p/AtTI/by_merchant/
CPU: Intel Core i5-3570K 3.4GHz Quad-Core Processor ($189.99 @ Microcenter)
Motherboard: ASRock Z77 Pro3 ATX LGA1155 Motherboard ($87.55 @ Newegg)
Memory: G.Skill Ripjaws Series 8GB (2 x 4GB) DDR3-1600 Memory ($40.98 @ NCIX US)
Storage: Western Digital Caviar Blue 1TB 3.5" 7200RPM Internal Hard Drive ($69.98 @ Outlet PC)
Video Card: PowerColor Radeon HD 7870 XT 2GB Video Card ($219.99 @ Newegg)
Case: NZXT Source 210 Elite (White) ATX Mid Tower Case ($39.99 @ Amazon)
Power Supply: Corsair Gaming 700W 80 PLUS Certified ATX12V Power Supply ($69.99 @ NCIX US)
Optical Drive: Lite-On iHAS124-04 DVD/CD Writer ($16.99 @ Newegg)
(Prices include shipping, taxes, and discounts when available.)
(Generated by PCPartPicker 2013-01-30 13:26 EST-0500)
Although its going to be about 35 more because I'd be getting the processor from Newegg. Also I believe the XT is the Tahiti edition, correct?
And I'd still like any recommendations on corners to cut to get the price down.