Good Setup for Gaming Computer?

[USColo]

Is this a good gaming setup?
Motherboard: ASUS SABERTOOTH Z97 Mark 1
CPU: Intel Core i5 - 4690k
CPU Cooler - Corsair H100i
RAM: Corsair Vengeance 16GB DDR3 1600 MHZ
Video Card: Gigabyte GeForce GTX 970 G1 x2
Sound Card: Creative Sound Blaster Z
System Drive: Crucial M500 240GB 2.5 SSD
Storage Drive: Seagate Barracuda 3TB HDD
Optical Drive: LG Blu-Ray/DVD/CD Burner
Power Supply: EVGA 850W 80+ Bronze
Mouse: Logitech G502
Keyboard: Logitech G510s
Monitor: ASUS VH248QE 144Hz 24.0" Monitor
Also what's usually the cheapest place to buy them?

 

[Brillis Wuce]

Everything is great except your storage. The M500 is more expensive and slower than its successor.
http://www.newegg.com/Product/Product.aspx?Item=N82E16820148820

The 3 TB Seagate models have a 40% failure rate. Swap it out for a 2 or 4 TB Western Digital.
http://www.techspot.com/news/59488-latest-hard-drive-reliability-data-reveals-may-best.html

 

[Deleted member 1300495]

Is this a good gaming setup?
Motherboard: ASUS SABERTOOTH Z97 Mark 1
CPU: Intel Core i5 - 4690k
CPU Cooler - Corsair H100i
RAM: Corsair Vengeance 16GB DDR3 1600 MHZ
Video Card: Gigabyte GeForce GTX 970 G1 x2
Sound Card: Creative Sound Blaster Z
System Drive: Crucial M500 240GB 2.5 SSD
Storage Drive: Seagate Barracuda 3TB HDD
Optical Drive: LG Blu-Ray/DVD/CD Burner
Power Supply: EVGA 850W 80+ Bronze
Mouse: Logitech G502
Keyboard: Logitech G510s
Monitor: ASUS VH248QE 144Hz 24.0" Monitor
Also what's usually the cheapest place to buy them?

Probably a better build with more money to spend:
PCPartPicker part list / Price breakdown by merchant

CPU: Intel Core i5-4690K 3.5GHz Quad-Core Processor ($219.95 @ SuperBiiz)
CPU Cooler: Cooler Master Hyper 212 EVO 82.9 CFM Sleeve Bearing CPU Cooler ($28.75 @ OutletPC)
Motherboard: Asus Z97-E ATX LGA1150 Motherboard ($114.99 @ NCIX US)
Memory: G.Skill Ripjaws X Series 8GB (2 x 4GB) DDR3-2400 Memory ($66.99 @ NCIX US)
Storage: Samsung 840 EVO 250GB 2.5" Solid State Drive ($122.98 @ Newegg)
Storage: Western Digital BLACK SERIES 1TB 3.5" 7200RPM Internal Hard Drive ($66.99 @ NCIX US)
Video Card: EVGA GeForce GTX 970 4GB ACX 2.0 Video Card ($329.99 @ SuperBiiz)
Case: Corsair Air 540 Silver ATX Mid Tower Case ($119.99 @ Newegg)
Power Supply: EVGA SuperNOVA NEX 750W 80+ Gold Certified Fully-Modular ATX Power Supply ($69.99 @ Newegg)
Optical Drive: LG WH16NS40 Blu-Ray/DVD/CD Writer ($49.99 @ Newegg)
Operating System: Microsoft Windows 8.1 (OEM) (64-bit) ($87.75 @ OutletPC)
Total: $1278.36
Prices include shipping, taxes, and discounts when available
Generated by PCPartPicker 2015-01-24 14:46 EST-0500