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Yes the APC Smart-UPS SC 620 is fine & "True Sine Wave" is only important if you are going to be running on batteries for over an hour.
Is something like this good to get for my rig?
I read through this whole thread so the above is a True Sine Output UPS which is the best by APC, right?
This page from APC indicates that this model is still stepped approximation.
That's probably what the SC series is - stepped wave but all the other toys from the SmartUPS line. That's why it is only $145.
Would it be good for a house with 50 year old wiring? Because I'm pretty damn sure the 50s era wiring in this house is affecting my overclock stability.