That build is nearly identical to mine. I used a different class of G.Skill RAM (not Ripjaw, though I wish I had), a Gigabyte motherboard (still P55 chipset, though), and the 1TB Caviar Black drive. Otherwise, it's essentially identical to mine, down to the TIM you plan on using.
It's a nice build, especially if you plan on overclocking. That i5 just has so much more speed in it. Stock clock speeds don't do that CPU justice.