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Thanks for your responses. I was thinking I should go modular because of the clutter but I guess we'll see what happens. I learn something new everyday from reading your posts. Keep it up!
Multi it by 1.6 for PSU overhead, 392 watts.
There is no "PSU overhead". You're probably thinking of PSU efficiency, which affects power draw from the wall and not the PSU itself. Therefore, for a system that requires 245W of power, the actual load on the PSU would only be 245W, but the draw from the wall would be 245W divided by the PSU's efficiency, which would be about 306W assuming ~80% efficiency.
Basically, a quality 300W PSU would be enough to power the system you're using as an example.
