I am planning on purchasing the following. Please comment with better suggestions if you have any. I am King of all noobs when it comes to PC Hardware and building a PC. Please guide me :D .
yeah, check the benchmarks first before buying the ssd, some have relatively slow write speed, like the agility and ssdnow series. go for vertex or hyperx
Looks good to me, but I would suggest staying away from OCZ power supplies. Go with a Seasonic, Corsair, Silverstone, Enermax, XFX, or Cooler Master instead, and make sure it has a single 12 volt rail. Here are some SSDs I would suggest:
Corsair Neutron GTX
Samsung 840
Crucial M4
OCZ Vertex 3 or 4
Patriot Wildfire
As far as hard drives go, like Commissar said, go with a WD Black or RE drive. If you have the budget to spend, Velociraptors would be awesome as well.
If you can afford it, get an OCZ Vector or Samsung 840 Pro 120+GB. Otherwise a Samsung 840(not-pro) or OCZ Vertex 4 if budget is tight. The only shitty OCZ SSDs were everything released before the Vertex 4. So yeah, as long as you pick up Vertex 4 or Vector from OCZ, you're set.
I recommend at least 1 SSD and 1 HDD. Seagate Barracuda or WD Black are both great choices, one gives you longer warranty at a higher cost, performance is the same. Install OS and essential programs/games on the SSD, then everything else on the HDD. If you're going to record gameplay then you're going to want a third drive as a dedicated recording drive. Could either be SSD or mechanical, whatever fits your budget.
That's a pretty good PSU, even though you may not ever need the full 1000watts but for the price, you're pretty much going to be paying the same for a lower wattage 80+ Gold XFX/Corsair/Seasonic/Silverstone/etc. PSU anyway.