No that board doesn't have an AGP slot it has a PCI-E x16. Yes the PCI-E x16 is your graphics port, thats where you will put your card. PCI-E x 16 is the one you want anyways, its way faster then an AGP.
I'm sure that motherboard is good its from Intel however checkout ASUS, ABIT or Gigabyte. They are all really good companies. Also if you go with one of those you can always OC later, Intel boards don't support overclocking.