Will my Mobo Throttle my performance?

I have made myself a $700 budget gaming build. I was wondering if the Motherboard the I decided to use might throttle my performance. Any way this is by parts list : http://pcpartpicker.com/user/plasmav2/saved/1Piz

Will the Motherboard throttle my performance? Thanks!

The motherboard has the least impact in performance, really.

is there anything else wrong with the build. I have been working on it for a while now...Good 700 dollar buget build?

Pretty great for $700 :)

Do you think I could add one 2gb stick of kingston hyperx. Would that be ok with the build?

The motherboard will be fine for you, but it might not overclock as well as a 990fx board. 

If you get the version of the MOBO that isn't LE than you'd OC better.

the le version has a few less heatsinks (on the vrms and maybe another), i've heard of them burning up at stock loads

yes the Asus M5A97 R2.0 is a better board.