Are you in the US?
With a budget in that range I think you can move into the core i7 area, which is the fastest stuff available.
The RC690 is an awesome case, great airflow, really sturdy. Some people like lights and flashy stuff, but that one does the job right.
I'd shoot for a gtx 275 card, or a 4850x2 (a great card, but will suck a lot of juice). Hard drive and opticals should be pretty straight forward. Just be sure to get a pretty hearty psu, especially if you like the 4850x2 idea.
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Intel i7 920 @ 4.0 ghz, ASUS P6T
6gb Corsair XMS3 DDR3 1600, EVGA 275 GTX 896mb,
CM RC-690, WD Raptor 150gb, WD 2x1tb cav green.
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