Is this an ok build?

Solution
A little over your budget but still under the price of the build you posted

PCPartPicker part list / Price breakdown by merchant / Benchmarks

CPU: Intel Core i5-3570K 3.4GHz Quad-Core Processor ($209.99 @ Amazon)
CPU Cooler: Cooler Master Hyper 212 EVO 82.9 CFM Sleeve Bearing CPU Cooler ($28.99 @ Newegg)
Motherboard: Asus P8Z77-V LK ATX LGA1155 Motherboard ($114.99 @ Newegg)
Memory: Patriot Viper 3 8GB (2 x 4GB) DDR3-1600 Memory ($55.99 @ NCIX US)
Storage: Western Digital Caviar Blue 1TB 3.5" 7200RPM Internal Hard Drive ($68.66 @ Amazon)
Video Card: Gigabyte Radeon HD 7970 3GB Video Card ($389.99 @ NCIX US)...
here is an example of a balanced gaming build

PCPartPicker part list / Price breakdown by merchant / Benchmarks

CPU: Intel Core i5-3570K 3.4GHz Quad-Core Processor ($209.99 @ Amazon)
CPU Cooler: Cooler Master Hyper 212 EVO 82.9 CFM Sleeve Bearing CPU Cooler ($28.99 @ Newegg)
Motherboard: Asus P8Z77-V LK ATX LGA1155 Motherboard ($114.99 @ Newegg)
Memory: Patriot Viper 3 8GB (2 x 4GB) DDR3-1600 Memory ($55.99 @ NCIX US)
Storage: Western Digital Caviar Blue 1TB 3.5" 7200RPM Internal Hard Drive ($68.66 @ Amazon)
Video Card: Sapphire Radeon HD 7970 3GB Video Card ($402.98 @ Newegg)
Case: Antec Nine Hundred ATX Mid Tower Case ($99.54 @ NCIX US)
Power Supply: Corsair Enthusiast 750W 80 PLUS Bronze Certified ATX12V / EPS12V Power Supply ($88.50 @ Newegg)
Optical Drive: Asus DRW-24B1ST/BLK/B/AS DVD/CD Writer ($19.96 @ Outlet PC)
Operating System: Microsoft Windows 7 Home Premium SP1 (OEM) (64-bit) ($89.94 @ Outlet PC)
Total: $1179.54
(Prices include shipping, taxes, and discounts when available.)
(Generated by PCPartPicker 2013-05-07 09:45 EDT-0400)
 
I am wanting this rig for some gaming. Not to serious just like tf2 or minecraft and basically anything it can run. Also I want to do some standard editing. The most I can spend is 1075$
 
A little over your budget but still under the price of the build you posted

PCPartPicker part list / Price breakdown by merchant / Benchmarks

CPU: Intel Core i5-3570K 3.4GHz Quad-Core Processor ($209.99 @ Amazon)
CPU Cooler: Cooler Master Hyper 212 EVO 82.9 CFM Sleeve Bearing CPU Cooler ($28.99 @ Newegg)
Motherboard: Asus P8Z77-V LK ATX LGA1155 Motherboard ($114.99 @ Newegg)
Memory: Patriot Viper 3 8GB (2 x 4GB) DDR3-1600 Memory ($55.99 @ NCIX US)
Storage: Western Digital Caviar Blue 1TB 3.5" 7200RPM Internal Hard Drive ($68.66 @ Amazon)
Video Card: Gigabyte Radeon HD 7970 3GB Video Card ($389.99 @ NCIX US)
Case: Antec Three Hundred Two ATX Mid Tower Case ($59.99 @ Microcenter)
Power Supply: Antec Basiq Plus 550W 80 PLUS Certified ATX12V Power Supply ($69.55 @ Amazon)
Optical Drive: Asus DRW-24B1ST/BLK/B/AS DVD/CD Writer ($19.96 @ Outlet PC)
Operating System: Microsoft Windows 7 Home Premium SP1 (OEM) (64-bit) ($89.94 @ Outlet PC)
Total: $1108.05
(Prices include shipping, taxes, and discounts when available.)
(Generated by PCPartPicker 2013-05-07 09:55 EDT-0400)
 
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