Well for the record, I work at Virtual Hideout (www.virtualhideout.net), and am active in the HardOCP Forums, AnandTech, and Ars Technica to name a few, and you may want to listen to my advice.
Case : SuperMicro Case (SC760-A)
CPU : AMD Thunderbird 1.2ghz
MB : ABIT KT7-Rad Motherboard
Video : Asus AGP-V7700 Geforce2 GTS Deluxe (64 Meg DDR)
Memory : Mushkin/Crucial 128/256MB PC-133 SDRAM (www.mushkin.com and http://www.crucial.com)
Monitor: SONY G400 19/18" Monitor - Nice Quality
RAID : There is onboard ATA100 Raid on the KT7.
HD : IBM Deskstar 75GXP 45 Gig ATA100 (x2)
Sound : Sound Blaster Live Platinum 5.1
CDROM : Pioneer 16x/40x DVD ROM Drive (Kenwood 72x isn't all that much faster, they are in a lawsuit right now, and its not that great of a cd-rom.
UPS : Smart UPS 1500 --> good choice
CD-RW --> Plextor PlexWriter 12x 10x 32x IDE CD-RW
You can contact me if you got any further detailed questions via e-mail (email@example.com) ICQ (73218345) or AIM (fibroptikl)