For the power supply get either the Fortron 450W or the Antec TPII 550W.
FSP Group (Fortron Source) AX450-PN 450W Power Supply - Retail
Antec TRUEPOWERII TPII-550 550W Power Supply - Retail
If you're going to be overclocking you're going to need better RAM, OCZ and G.skill make some of the best
G.SKILL Extreme Series 2GB (2 x 1GB) 184-Pin DDR SDRAM Dual Channel Kit System Memory - Retail
OCZ 2GB (2 x 1GB) 184-Pin DDR SDRAM Dual Channel Platinum System Memory - Retail
As chevytrucknut said, the Opteron 170 is a very good overclocker, much better than the 3800+
AMD Opteron 170 1GHz FSB Socket 939 Dual Core Processor - Retail
FSP Group (Fortron Source) AX450-PN 450W Power Supply - Retail
Antec TRUEPOWERII TPII-550 550W Power Supply - Retail
If you're going to be overclocking you're going to need better RAM, OCZ and G.skill make some of the best
G.SKILL Extreme Series 2GB (2 x 1GB) 184-Pin DDR SDRAM Dual Channel Kit System Memory - Retail
OCZ 2GB (2 x 1GB) 184-Pin DDR SDRAM Dual Channel Platinum System Memory - Retail
As chevytrucknut said, the Opteron 170 is a very good overclocker, much better than the 3800+
AMD Opteron 170 1GHz FSB Socket 939 Dual Core Processor - Retail