So, here it is. I'd like to keep it around $400-$430 with the monitor excluded.
PCPartPicker part list / Price breakdown by merchant / Benchmarks
CPU: Intel Core i3-3225 3.3GHz Dual-Core Processor ($139.99 @ Newegg)
Motherboard: ASRock B75M-DGS R2.0 Micro ATX LGA1155 Motherboard ($49.99 @ Amazon)
Memory: Patriot Viper 3 4GB (1 x 4GB) DDR3-1600 Memory ($33.99 @ Newegg)
Storage: Samsung 840 Series 120GB 2.5" Solid State Disk ($99.99 @ Newegg)
Case: NZXT Source 210 (Black) ATX Mid Tower Case ($39.99 @ Amazon)
Power Supply: Corsair CX 430W 80 PLUS Bronze Certified ATX12V Power Supply ($46.74 @ Amazon)
Optical Drive: LG GH24NS95 DVD/CD Writer ($14.99 @ Newegg)
Monitor: Acer S200HLAbd 20.0" Monitor ($119.99 @ NCIX US)
Total: $533.67
Any tweaks you guys think would give me higher quality parts?