How good is this 550$ budget GAMING build? Is it better than the ps4?

Thetantank

Honorable
Dec 9, 2013
48
0
10,530
CPU: fx 4130
MoBo:ASUS M5A78L-M LX PLUS AM3+ AMD 760G
Gpu : msi r9 270
PSU: EVGA 500w 80 plus bronze
RAM: G.Skill ripjawz 4gb 1866?
Case: Diablotek GAMER SERIES CPA-7630
HDD: WD Blu 1tb 7200rpm
OS: Windows 7
Will this out perform a ps4? can i make this slightly cheaper? Can this game at 1280x1024 on high/ultra settings? With an adapter will it work with a vga monitor?