case: Antec Performance I P180
motherboard: ASUS P5B Deluxe
graphics card: XFX GeForce 7600GT
PSU: OCZ GameXStream 600W
processor: Intel Core 2 Duo E6600
ram: CORSAIR XMS2 2GB (2 x 1GB)
HDD: Western Digital Caviar SE16 320GB
DVD burner: SONY Black 16X DVD+R
sound card: Creative Sound Blaster Audigy2 ZS
cooling: ZALMAN CNPS9500
w/ Arctic Silver 5
total: $1,387.91(w/o shipping)
i was going to suggest this lcd SAMSUNG 740B
but it puts you at $1,637.90 (w/o shipping), but maybe someone else will suggest a good lower priced lcd.
The graphics card will be able to handle photoshop and other imaging programs, as well as the lastest games on mid-high settings. Later...say christmas...you could try to get a dx10 card(ati r600 or nvidia g80)if you get into gaming more, but the 7600gt should hold you over say a yr( at most i would say) for gaming purposes.
edit: i just realized you don't have a os either....don't know what you want but i use this Microsoft Windows XP Professional
which would bump the price up to $1,527.90 (w/o shipping or lcd monitor)
edit edit: forgot to ask if you plan to oc? If not then stock cooling is plenty and some value ram will be fine.
hope i helped