Will this build work?

Hello :)
This is my first gaming bulid and is a slighty changed version of Logan's $1850 build.

These are the compent list and i was just wondering if it will all work and if there is anything else i need/should get :)

Thanks
 


ASUS DRW-24B1ST/BLK/B/AS Black SATA 24X DVD Burner 

COOLER MASTER Storm Stryker SGC-5000W-KWN1 Black and White Steel ATX Full Tower Computer Case

Seagate Barracuda ST1000DM003 1TB 7200 RPM 64MB Cache SATA 6.0Gb/s 3.5" Internal Hard Drive

NZXT HALE90 V2 NP-1GM-0850A 850W ATX 12V V2.31 and EPS 12V V2.92 SLI Ready CrossFire Ready 80 PLUS GOLD Certified Full Modular ...

Arctic Silver 5 High-Density Polysynthetic Silver Thermal Compound AS5-3.5G - OEM

Kingston HyperX Beast 32GB (4 x 8GB) 240-Pin DDR3 SDRAM DDR3 1600 (PC3 12800) Desktop Memory 

MSI Z77A-GD65 LGA 1155 Intel Z77 HDMI SATA 6Gb/s USB 3.0 ATX Intel Motherboard with UEFI BIOS

Intel Core i7-3770K Ivy Bridge 3.5GHz (3.9GHz Turbo) LGA 1155 77W Quad-Core Desktop Processor Intel HD Graphics 4000 BX80637I73770K

NZXT Kraken X60 RL-KRX60-01 280mm Ultra Performance Liquid CPU Cooler

Kingston HyperX 3K SH103S3/120G 2.5" 120GB SATA III MLC Internal Solid State Drive (SSD) (Stand-Alone Drive)

XFX Double D FX-797A-TDBC Radeon HD 7970 Black Edition 3GB 384-bit GDDR5 PCI Express 3.0 x16 HDCP Ready CrossFireX Support ...

any reason for the 32GB of memory? seems very excessive, especially for a gaming build, even 16GB of 1866 MHz memory would be overkill, and much cheaper.

Mainly for rendering and editing. Do you think it is over kill?

 

64 GB= Rendering movies

32 GB= Rendering in something like After Effects

16 GB= Render HD Video and edit

That power supply is extremely oversized. You don't need more than 550W, even when the CPU and GPU are both overclocked.

What is your total budget; is it limited to $1850, like the video, higher, lower, etc.?