Alright, lol. It's not a good idea IMO because scaling across 4 GPUs isn't the greatest, going from one to two cards, you'll see roughly a 30% performance increase in some games, with a third card, you might see 15% on top of that, and with 4, even less of a performance increase. Also that motherboard from what I can tell only has 3 PCIEX16 slots, not 4, so 4-way XFire is not an option regardless. The CPU is fine, wouldn't cause any bottleneck. A PSU for 4 cards at 150W TDP a piece is 600W, but the cards will more than likely draw about 170-180W under load, and that's not counting your CPU, fans, HDD, etc. So I'd recommend a 1000W PSU to be safe.
EDIT: About the 4 cards, that only scratches the surface of potential issues, if you'd like to know more I could explain.