I'm currently picking parts to build my masterpiece. Overall I believe she'll cost me around 3800. The cpu and video card will be cooled using stock cooling(should the chipset be cooled as well?). I'll be using new egg as my main retailer. I'm trying to avoid any issues like bottle necking and I wanted to know if the power supply is adequate to supply the machine. I understand here on this forum you all must receive many posts like this one. However, due to my overwhelming ignorance, I'm not quite sure where else to put an inquiry like this one. Feel free to contact me over the forum or on SKYPE (bearherder1) with any advice you have to offer.
I greatly appreciate any help you can offer towards my project. Thank you for your time.

The parts I have chosen are as follows(they are all listed on new egg but I will provide links below):
Motherboard: ASUS P9X79-E WS
Gpu: VGA 04G-P4-2690-KR GeForce GTX 690
Gpu cooler: included oem
Cpu: Intel Core i7-3970X Extreme Edition Sandy Bridge-E 3.5GHz
Cpu cooler: Dynatron R24 60mm 2 Ball CPU Cooler
Disk burner: Hp 447328-B21
Hard drive: HP 628061-B21 3TB 7200 RPM SATA 6.0Gb/s 3.5
Power Supply: XION AXP-1000K14XE 1000W ATX
Case: COOLER MASTER HAF 932 Advanced RC-932-KKN5-GP

Links
http://www.newegg.com/Product/Product.aspx?Item=N82E16813131971
http://www.newegg.com/Product/Product.aspx?Item=N82E16814130781
http://www.newegg.com/Product/Product.aspx?Item=N82E16819116877
http://www.newegg.com/Product/Product.aspx?Item=N82E16835114134
http://www.newegg.com/Product/Product.aspx?Item=N82E16827140059
http://www.newegg.com/Product/Product.aspx?Item=N82E16822332283
http://www.newegg.com/Product/Product.aspx?Item=N82E16817190033
http://www.newegg.com/Product/Product.aspx?Item=N82E16811119160WOW  The has got yo be great.
As to your PSU question, did you look at the new-egg calculator?
Power Supply Calculator.
What's your budget for the PC, and what is its intended use?
My initial thoughts are firstly, DO NOT BUY THAT PSU, it is NOT a good unit by any stretch of the imagination, and 1000W is overkill (that unit won't supply 1000W reliably anyhow).
Secondly, for a high end build, don't go without an SSD.  The advantages over a HDD are truly epic.
Thirdly, you seem to have a bit of an odd choice of parts, hence why I'm asking your budget and the intended usage.  If you're going for a gaming PC, the X79 platform is not really the best way to go, and if you're going for a workstation system there are better choices.  The GTX 690 has been effectively replaced by the GTX 780 which offers lower power consumption, similar performance and no SLI related issues.  The DVD drive and HDD are massively overpriced as they're HP branded, and you're missing memory.

Post back with some more details, and we'll help you put together a great build Thanks for the feedback! I've done some more research and managed to come up with a more refined build. I'll address the questions first then list the build at the bottom. Just as before i'll provide links for each part.

Geek
The psu calculator was missing some options in terms of the graphics card selection (didn't have the 780) and the ram was capped at 6. Still it gave me a good idea of what bracket to shoot for. Thank you!

Calum
My budget is from 4k-5k. I'm focused on making a machine that can act as a single user gaming power house (something that can run crysis 3 on max settings). For the initial build I'm trying to stick to the basics (i.e. stock cooling, 1 graphics card, 1 or 2 hds, 1 dvd drive). As for the motherboard, what platform would you recommend for a gaming machine build?

P.S. I took your advice and threw on an ssd drive from samsung.

Build List:
Motherboard - ASUS P9X79-E WS
http://www.newegg.com/Product/Product.aspx?Item=N82E16819116877

CPU: Intel Core i7-3970X Extreme Edition Sandy Bridge-E 3.5GHz(4.0GHz)
http://www.newegg.com/Product/Product.aspx?Item=N82E16813131971

CPU Cooler: COOLER MASTER Hyper 212 EVO RR-212E-20PK-R2
http://www.newegg.com/Product/Product.aspx?Item=N82E16835103099

GPU + GPU Cooler: ASUS GTX780-DC2OC-3GD5 GeForce GTX 780
http://www.newegg.com/Product/Product.aspx?Item=N82E16814121779

RAM: CORSAIR XMS 64GB (8 x 8GB) 240-Pin DDR3 SDRAM
http://www.newegg.com/Product/Product.aspx?Item=N82E16820233308

DVD Burner: Asus Model DRW-24B1ST/BLK/B/AS
http://www.newegg.com/Product/Product.aspx?Item=N82E16827135204

HDD: TOSHIBA PH3300U-1I72 3TB 7200 RPM 64MB Cache SATA 6.0Gb/s 3.5" Internal Hard Drive
http://www.newegg.com/Product/Product.aspx?Item=N82E16822149396

SSD: SAMSUNG 830 Series MZ-7PC128B/WW 2.5" 128GB SATA III MLC
http://www.newegg.com/Product/Product.aspx?Item=9SIA0AT0UP5909

PSU: CORSAIR HX Series HX850
http://www.newegg.com/Product/Product.aspx?Item=N82E16817139011

Case: COOLER MASTER HAF 932 Advanced RC-932-KKN5-GP ATX
http://www.newegg.com/Product/Product.aspx?Item=N82E16811119160That's a good improvement there, I don't have time to go through individual components and pricing right now but I will do so tomorrow.
Again though, here's my first thoughts - the X79 and 3970X is a STRONG combination, but it's massively overpriced for what it is.  I would advise instead to go with a 4770K and Z87 combination, as it'll perform better in gaming and not too much worse in highly threaded apps - the loss of 2 cores is partially made up for by the improved IPC (instructions per clock) the 4770K is faster clock-for-clock.
The Samsung 830 has been replaced by the 840, I would say if you have a good budget why not get a nice big SSD, maybe 480GB or 512GB?  The Samsung 840 Pro, Crucial M4/M500 and Plextor drives are all good.
The GTX 780 is a solid choice, offering very near Titan performance for a much more reasonable price.
Have you given consideration to your peripherals choice - keyboard, mouse, monitor, and possibly audio? Calum
I looked up a z87 motherboard  and a 4770k intel cpu. They seem like a bit of a downgrade from the x79(2 less processing cores, smaller cache) and the asus p9x79 (dual as opposed to QUAD channel). Links to the comparison sheets:

http://www.newegg.com/Product/Productcompare.aspx?Submit=ENE&N=-1&IsNodeId=1&Description=MSI%20Z87%20XPOWER&bop=And&CompareItemList=-1%7C13-131-971%5E13-131-971-TS%2C13-130-689%5E13-130-689-TS&percm=13-130-689%3A%24%24%24%24%24%24%24

http://www.newegg.com/Product/Productcompare.aspx?Submit=ENE&N=40000343%20600005576&IsNodeId=1&Description=intel%20sandy%20bridge&bop=And&CompareItemList=343%7C19-116-901%5E19-116-901-TS%2C19-116-877%5E19-116-877-TS&percm=19-116-877%3A%24%24%24%24%24%24%24


I think I'm set as far as my keyboard, and mouse. For now I plan on using my panasonic 50" plasma screen tv. It only has an hdmi input but from the looks of it so does the 780.Indeed, the 4770K is 4 core/8 thread vs the 3970X 6 core/12 thread, however it's 2 generations newer and hence in single core performance will beat the 3970X, and will be within a hair of it when using all the cores.  Quad channel vs dual channel RAM makes no real world performance difference unless all you do is run memory benchmarks all day
You could also consider the 3930K, which is only 300MHz slower than the 3970X but much better value for money.  The main difference is the 3970X has a totally unlocked multiplier rather than the 3930K's mostly unlocked, which is only useful for extreme overclocking.  If you went with the 3930K, which isn't as horrendously priced as the 3970X, and stuck with the Asus WS board, that'd still be a solid machine.

If you'll be using a plasma TV, then you'll be able to max pretty much any game out there, as even at full HD (1920x1080) the GTX 780 is massive overkill.  The main reason I asked was to see if you would be using a high res screen such as 2560x1440 or 2560x1600 (which is highly recommended but if you like having a 50" screen, there's no substitute really).

I'd go with the Crucial M4 512GB SSD here.
For some reason this card although identical except for the free game, is $10 cheaper, so you may as well go for that.
I would be inclined to swap the PSU for something like this - you only need around 550W, a 750 gives you the option of going SLI later on without needing a new PSU.  It's also 80+ platinum so it'll use marginally less power, it's built on a newer and better platform, and it's fully modular with nicer looking cables.  The newer version of the HX850 like the one you linked is a great unit too, but it's still edged by the AX series.  If you're not bothered about the slightly better efficiency and it being fully modular, have a look at this too as it's also a great unit and more cost effective.  The HX seems very overpriced for what it is, for some reason.You can save a lot of money on a decent bundle. Quote from: SuperTweaker on July 19, 2013, 07:31:17 AM

You can save a lot of money on a decent bundle.

Nowhere near the specifications the OP is looking for unfortunately, I'm assuming TD are trying to clear out old stock with that.

Yes, if money is at hand, for $4000 you can build a Game PC that you will never ever find in  any store. Here is an article fro the Guardian in UK.
How to build the perfect gaming PC for 2013 – and beyond

Already out of date, and doesn't go into any useful specifics on important components like the motherboard and PSU.

So what do you do about the PSU?

What do you really need in a PSU?

We already have PSUs that deliver over 1000 watts. In some parts of the world such power is not allowed in a personal entertainment or home use device.