1. Good looking case.
2. Upgrade to the Z68 chipset, its newer, same price as the P67, and offers a few new features.
3. Good PSU, I'd look at the OCZ 850w 80+gold
for $80AR @ us.ncix.com, but the corsair is a decent value at newegg for $115.
4. If you just plan to game, pick the cheaper i5 2500k to save a few bucks. You won't noticed the difference with HT.
5. Good ram
6. Get the Samsung Spinpoint F3 1TB 7200rpm
drive for $60 @newegg. Very fast for a mechanical hard drive and a good choice for your master boot record. You can suppliment storage with a cheap 2tb green drive for about $60ish if you need the added space. With the Z68, you can add a small cheap SSD as your SRT drive to help boost system read speeds.
7. good choice on cpu cooler.
8. The 5770 is a bit low powered to run most games in high settings at 1080p, but you can always pick another cheap used one to add in CF for like $80. Although, one should still do fine in a new system. If you have the budget to upgrade, do so. lots of option in the 100-200 price range that won't break the bank. 6950's have been seen in the $200 range that's a great value.
9. Don't bother with a 10+yr old sound blaster live. On board audio is more than enough in current system and I don't believe there's updated driver support for win7 anyhow. If you insist on having a sound card in your system, Look at the cheap Asus Xonar or the Creative X-Fi.
10. Yes, you attach the anti-static bracelet to any bare metal that is exposed. If it's painted, it may not ground you. That being said, only people working in IT or clean room environments should worry about static discharge. For home use, just touch bare metal before you work on parts and make sure you don't wear fleece, wool or work in bare socks. lol