General upgrade advice

[JPOnion]

Hey guys, just another quick appeal to have the masses check to see if I'm on the right path with my upgrade options. I dont want to make any mistakes, like pay way too much for a certain part, create a system with a serious bottleneck, etc.

I'm looking to spend around $700, and of course I want the best gaming PC I can get for the price. I'd like to stick with ATI and AMD, but other than that I'm open. I'll be keeping my moniter, ancient sound system and HDD from my current computer. Here's what I'm looking at now:

Video Card:
Sapphire Radeon X800GTO2
http://www.newegg.com/Product/Product.asp?Item=N82E16814102596

CPU:
AMD64 3200+ Venice
http://www.newegg.com/product/product.asp?item=N82E16819103535

Motherboard:
Chaintech VNF4
http://www.newegg.com/Product/Product.asp?Item=N82E16813152049

RAM:
Corsair ValueSelect 1GB
http://www.newegg.com/Product/Product.asp?Item=N82E16820145440

Power Supply:
Enermax Whisper II
http://www.newegg.com/product/product.asp?item=N82E16817103464

DVD Burner:
Lite-On Beige DVD Burner
http://www.newegg.com/Product/Product.asp?Item=N82E16827106990

Case:
SkyHawk MSR-4610
http://www.dealsonic.com/skmssialatxm.html

Looking good?

Also, while I'm asking, any recommendations on if I should just upgrade now, or do you think I'll be able to get some serious discounts soon with the holidays just around the corner? I never really shop much around the holidays, so I dont know what the prices do then...

Thank you!

EDIT: I should probably let you all know what I'm upgrading from...
Athlon 1500+
GeForce 4
512Megs RAM
Sound Blaster Live Value!
and the same case I've been using since my first upgrade ever...from around 1997. Every stain has a story

 

[sc00ter]

Hm..not too bad. Video card is good, RAM is good, burner is good..but everything else I'd replace with the following: CPU: A64 3000+, PSU: This one, case: This one. Then you should be set for a while to come.

 

[JPOnion]

Good recommendations on the power supply and case, I think I'm going to go for those actually. But why the 3000+ instead of the 3200+?

Also, anybody willing to comment on what the sales are going to be like leading up to thanksgiving?