Lf feedback - (first)gaming pc build

[balti]

Hi everyone, like the title says, I'm looking for help. I'm pretty new to all this pc parts thing so yea ;(

These are my aims and budget

- Monitor with fast response time and 120hz(or144)refresh rate

- Competitive gaming

- Game streaming

- (not heavy) video editing

- ~$1600usd

I've made some research recently and I've got this atm:

PCPartPicker part list:

http://pcpartpicker.com/p/cDwjsY

Price breakdown by merchant: http://pcpartpicker.com/p/cDwjsY/by_merchant/

CPU: Intel Core i7-4790K 4.0GHz Quad-Core Processor ($249.99 @ Micro Center)

CPU Cooler: Corsair H50 57.0 CFM Liquid CPU Cooler ($49.98 @ OutletPC)

Motherboard: MSI H97 PC MATE ATX LGA1150 Motherboard ($89.99 @ Amazon)

Memory: G.Skill Ares Series 16GB (4 x 4GB) DDR3-1866 Memory ($155.98 @ Newegg)

Storage: Toshiba 1TB 3.5" 7200RPM Internal Hard Drive ($53.98 @ OutletPC)

Video Card: PNY GeForce GTX 970 4GB XLR8 Video Card ($324.99 @ Directron)

Case: NZXT Phantom 410 (White) ATX Mid Tower Case ($82.99 @ SuperBiiz)

Power Supply: EVGA 600B 600W 80+ Bronze Certified ATX Power Supply ($34.99 @ Newegg)

Operating System: Microsoft Windows 8.1 (OEM) (64-bit) ($89.98 @ OutletPC)

Monitor: BenQ XL2430T 144Hz 24.0" Monitor ($375.99 @ AmXL2430Tazon)

Total: $1508.86

Prices include shipping, taxes, and discounts when available

Generated by PCPartPicker 2014-12-26 21:24 EST-0500

I need to know if it is an overkill for my needs or not, because ie I dont mind playing fps comp. games like tf2 or cs at low (but not crap) setting but with constant 180fps ,but I also like mid-high settings for games that you play for the visual experiencie too, ie Crysis or lasts expansions of WoW.

That

Thanks in advance.