Can somebody help recommend a cheap build?

[RedCt]

Like the title says, I'm wondering if anyone can recommend a budget build for me (including case). Note: I'm also OK with buying the rig whole (from an OEM) if its cheaper. I'd say the price limit is around $700, but I could stretch it to $800. I'm looking for something that's cheap now, but has a good upgrade path so I can upgrade to more powerful components when I have more money. So, like I said: target price is $600-700.

I'm going to be using this computer for:
Light gaming - which includes WoW, BF2142, and possibly Oblivion (though I doubt a $700 computer can handle it )
Regular, everyday stuff
A bit of video editing
Light overclocking
Anything else college throws at me

Thanks in advance!

 

[engiNURD]

$184 - Intel Core 2 Duo E6300 Conroe 1.86GHz
$210 - g.skill 2GB (2x1GB) DDR2-800 F2-6400CL5D-2GBNQ
$100 - Foxconn P9657AA-8KS2H Socket T (LGA 775) Intel P965 Express
$115 - BFG Tech BFGR76256GTOCE Geforce 7600GT 256MB ($145 - $30MIR)
$58 - WD Caviar WD1600JS 160GB 7200RPM SATA300 8MB Cache
$45 - XClio GOODPOWER 500W ATX 500W ($55 - $10MIR)
$50 - COOLER MASTER Centurion 5 CAC-T05-WW Black/Silver w/ Side Window
$31 - NEC 18X DVD±R DVD Burner 7170A-0B
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$693 + tax and shipping (after rebates)

If you're ok with that case and want to get it, order it quick while shipping is free (normally $16 for shipping).

For $50 more (after rebate) you could get a more capable vidcard... but you said you do light gaming, so I went with a 7600GT. Here's the more capable card:
$165 - eVGA 256-P2-N624-AR GeForce 7900GS 256MB