State resolution or your framerate value is not of any use to the OP. As for the 965, yes the CPU is fine it does require you to buy a discrete gpu in addition to it though. My suggestion to you would be something like this:
http://pcpartpicker.com/p/wjOj
Clock the RAM to 2200+, overclock the integrated gpu in catalyst control center and you are able to run WoW smoothly (40-50fps)at 1080p and most settings at max/high if shadows are kept to a low setting. Haven't tested this setup in raids yet, but considering the CPU is alright for performance I wouldn't expect it to drop too much. This solution does not include OS or peripherals but it does include an SSD, a mini-ITX case that your gf won't hate and good OC'able RAM. Win8 can be upgraded to from just about any OS you might have lying about, so it shouldn't be too expensive.
edit: As for intel builds, they cannot offer the same kind of value as the HD4000 (that comes paired with the most expensive i3) just cannot compete against the iGPU in the 5800K, not at stock level and certainly not at OC levels. For this kind of budget, intel is ruled out completely.