A reasonably good, well balanced, good value gaming PC

[Adzwoolly]

Hi all, I am planning to build a desktop that I want to run basic tasks fast, and be pretty good at gaming.
Here are some things I will be doing commonly:

• 
  Chrome (web browsing)
  Software development (compiling code)
  Video editing (rendering videos)
  Gaming

I want it to be fast. Fast boot, fast application launching, fast at anything that's not considered to be particularly power-hungry / intensive.

In terms of gaming, I have mostly older games, such as Borderlands 2, Black Ops (1), minecraft (I want shaders). Nothing that new at the moment. I would like for these games to run on fairly high settings at 1080p. I may want to buy more modern games, such as GTA 5 or fallout 4, and have pretty good graphics and FPS. All my gaming will be on a 1080p monitor and I have no plans to upgrade, so that will be the desired resolution.

My budget is around £500 and so anything near there will be good. I am after a good value PC, not a cheap one.

At last, time for what I have so far!
I've made it on partpicker but, the website is currently down so here is a screenshot I have instead...

Are these components reasonably balanced (no major bottleneck), are they good value or would a slightly different model/type be better?
For example, should I get the FX-8350 which is 4.0GHz instead of 3.0GHz for just £20 more?

Also, the graphics card is £100 because I know a friend who is selling it. It may not be that exact brand but, I know it's a GTX 670 2GB. Of course, I don't have to buy this card but, it seemed like a good card at a good price.

Any advice is greatly appreciated, thank you!

Adam.

 

[tiny voices]

That PSU is not good. Change it for an Antec, XFX, Seasonic, EVGA (G2,B2,GS)

I would go for an i5 over the 8350 for sure. Better in every single game.

The gtx670 is a bit dated at this point. Don't expect more than a mix of medium/high in new games at 1080p.

 

[Adzwoolly]

That PSU is not good. Change it for an Antec, XFX, Seasonic, EVGA (G2,B2,GS)

I would go for an i5 over the 8350 for sure. Better in every single game.

The gtx670 is a bit dated at this point. Don't expect more than a mix of medium/high in new games at 1080p.

Any particular reason the PSU is not good? Would a 'Corsair Builder Series CX' (wattage and modular TBC) be better? That's what was originally recommended to me.

I'm not sure how much better the i5 would be (depends which one, keeping in mind budget) but, it's not just gaming I want the PC for. I'd like it for rendering videos and, although not mentioned originally, I end up doing quite a lot of multitasking.

I know the 670 is dated, I thought I might be getting medium/high settings on newer games but, assuming I'm happy with that, would £100 for that card be an alright deal?

Thanks for the quick reply!

 

[tiny voices]

No the CX units are not good at all. The PSU is not good because it simply is low quality. Built with inferior components. It is a re-labeled FSP. Get an Antec, XFX, Seasonic, EVGA (G2,B2,GS) The PSU is the most important part of the PC. DO NOT cheap out on it.

An i5 will multitask better than an 8320. The ONLY thing the 8320 is faster with is rendering and even then not by alot. The i5 easily is better in every game.

100 is steep for that card. They go for $100 in the USA. I would shoot for 80 pounds.