You won't waste the power supply, since it will leave you with more upgrade opportunities. Also, since the 750 B2 is available at a lower price than 650 G2 in US at the moment, buying 750 B2 is a better option. Also, both 750 B2 and 650 G2 are good psus. If you want to get the bare minimum psu for your GTX 970, 550 G2 is enough. You don't even need to go to the 650 G2.