Just built my first desktop 1 month ago:
Monitor: HP LCD w2207 @ 1680x1050 (recycled from my old Vista HP Elite from 2007)
mobo: Asrock z77 Extreme4
cpu: Intel Core i7 3770k
PSU: Corsair Builders Series CX600V2
gpu: Gigabyte HD6850 OC 1GB
Soundcard: Asus Xonar Essence STX (with stock drivers, Xonar Uni drivers are being difficult)
Heatsink: Cooler Master Hyper 212+
Ram: Corsair Vengeance 1600 2x4GB
Case: Cooler Master HAF912+200mm Cooler Master top fan
Disc Drives: 2 Samsung generic dvd/cd combo's
HDs: OCZ Vertex 4 128GB SATA III SSD in AHCI and Seagate 1TB Barracuda HD (installed seperately)
1983 IBM Model-M mechanical keyboard (given to me by a friend, and missing keycaps F12, keyboard 3, and numpad .)
Yes, I know I cheapened out on the gpu and psu, but I did still have a price limit and that card is probably the best deal on the market for $150, although I'll be upgrading it in a year with my psu. Running everything nice and cool and stock. I threw in the generic's burners becuase they were dirt cheap, but will replace them with a Bluray Drive (for the top slot) and a Wii-rip compatible DVD drive on the bottom.
This may sound a little strange, but rather than get an IPS, I'm hoping to upgrade to perhaps the best CRT Monitor ever made; the Sony FW900. The search has been long and treacherous, while rife with failure...but I will prevail! Won't mind
sacrificing giving away my crap speakers at all
Also, since no first build is without issues and mess-ups, I'll admit that my biggest mistake was breaking off the Barracuda's power pins and getting them stuck in the psu's SATA power cable. Works just fine due to the exactness of how the pins broke off, but I've included it in an image backup as I'll need to replace it alongside with my psu later down the road.