Originally Posted by Crisis

Case - Chenming 601AE $79
(http://www.newegg.com/app/ViewProduc...125-443&depa=0)
Power Supply - Antec True480 480 Watts 92$ (http://www.newegg.com/app/ViewProduc...103-909&depa=1)
Motherboard - MSI K8N Neo2 Platinum $148(http://www.newegg.com/app/ViewProduc...130-468&depa=0)
CPU - AMD Athlon 64 3500+ $253 (http://www.newegg.com/app/ViewProduc...103-460&depa=0)
CPU HSF - Zalman CNPS7000B-Cu LED $47.99(http://www.newegg.com/app/ViewProduc...118-119&depa=0)
Memory - OCZ EL Platinum Revision 2 2x512Mb $266.50(http://www.newegg.com/app/ViewProduc...146-890&depa=0)
Video Card - Leadtek nVIDIA GeForce 6800 Ultra $509 (http://www.newegg.com/app/ViewProduc...122-196&depa=0)
Speakers - Logitech Z-5300 $143.50 (http://www.newegg.com/app/ViewProduc...121-121&depa=0)
Keyboard/Mouse - Logitech MX Duo $63(http://www.newegg.com/app/viewProduc...126-124&depa=0)

$1598 :S A tad bit over your budget. This is also assuming you plan on using your old optical drives and hard drives. This doesn't include a monitor because you can buy a big cheap monitor at any Joe Blow's computer shop refurbished. All these parts are top of the line and you can cut back on some stuff like getting an A64 3200+ or a 6800GT instead of the Ultra, 400W instead of 480W, etc. Tell me what you think and we can modify the list.