I am trying to put together a budget PC for a buddy. Wanting to get as much power out of $500 as possible. We won't need a monitor, OS, keyboard or mouse. This is what I have come up with so far ( http://pcpartpicker.com/p/1DHbs )but I'm about $100 over budget and seeing if you all might have some better suggestions. It's been 10 years since I built a PC so I'm a little out of the loop. Thanks in advance for your help.
$499. Had to downsize the HDD slightly, and the video card a bit. You can always hold off on overclocking until you can get the 3rd party cooling, so I removed that as well. Still, I think it's solid for the price.