The build you made will work fine, pcpartpicker would have told you if something was wrong. HOWEVER, Change your mobo and cpu to something else.
that's all you really need to change. Change it to the i5-4690k , and you have to change the motherboard too. Doesn't really make any sense to buy a 130$ motherboard anyways, you can switch to one for half the price and see no differance in gaming or video edditing whatsoever. So if you change the motherboard along with the cpu, it will be roughly the same price to build your computer in total. i5-4690k is better than the 8350, don't let number of cores fool you, the i5 has much better single core performance and will cost you less in power consumption each year.
The i5 4690k...