A first time computer build, is it good?

Looks ok. But I would run like a mad dog from that case and power supply/cheap and lowend.

This one is a good price and would power it.
http://www.newegg.com/Product/Product.aspx?Item=N82E16817189005

Cases, just get a lower end Antec or NZXT.
http://www.newegg.com/Product/Product.aspx?Item=N82E16811129066
or
http://www.newegg.com/Product/Product.aspx?Item=N82E16811146059

The board you have picked out is the same as mine. Its a DDR2 board not a DDR3. If you want DDR3 you need to change it to the GA MA790XT UD4P.
http://www.newegg.com/Product/Product.aspx?Item=N82E16813128378
 
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