Well the SSD isnt extremely neccecary, and you could easily hold out on that.
As far as I know, the Z77 chip is a waste of money compared to the Z75 unless you plan on using two Graphics Cards or you need auto-SSD caching.
For RAM I would reccomend Corsair Vengeance blue instead.
If you're waiting 'til fall to get the Graphics Card, there might be a better deal by then, but the XFX Radeon 7850 2GB is an extremely good card for about $250.
Case: I dont know much about that one, but the NZXT Source 220 would be my pick for $50.
I'm actually building a PC for gaming in about the same price range too, and I've done a fair bit of research on the best parts.
8GB of ram and a 1TB hard drive are both not needed right away either, you could always start with 4GB and a 500GB caviar blue and upgrade later.
I hope I've helped, I'm new here too.
---------- Post added at 02:07 AM ---------- Previous post was at 02:05 AM ----------
Originally Posted by epkrnftblluva
Would this setup work together? and would it run windows 8?
It would run Windows 8, yes. And it is pretty much always going to work together, as long as the mobo has the right chipset and PCIe slot.