velorium_kampf :
^
I'm currently eyeing on the Zotac GTX 970 (the 2 fans edition) since it seems to be the least demanding in terms of power requirements.
Will my PSU still be sufficient? or should I get a better PSU?
That ZOTAC GeForce GTX 970 ZT-90101-10P is closer to the NVIDIA Reference Design GeForce GTX 970 card in terms of clock speed and power requirements. It may draw slightly more power or slightly less power than your Radeon HD 7870 (depending upon which brand and model of Radeon HD 7870 card you have).
Are you overclocking the i5-2500K? If yes then keep it below 4.6 GHz. Above that clock speed the CPU's power requirement rises drastically.
It's difficult to say how much the PSU's capacitors may have deteriorated. High heat inside the PSU tends to accelerate the deterioration.
You should be planning on getting a more efficient PSU.