Dont settle for a 754, that is ridiculous. It is like getting a P4 423, you just dont do it. It is so out of date. As well as that mobo. Get the 3200+, you DO get a huge bang for your buck with that one! The 3200+ Venice is one of the most overclockable processors available. It can reach killer speeds.
As for MoBo, go with what Gaara said, get a DFI NF4.