Not to shabby! My biggest concern is the power supply....I'm a stickler for a good psu-which I've learned the hard way. Even if you get a small, name brand psu, it's much better than a high wattage, no-name psu. Might want to get a different case and order the psu seperatly....just MHO.
As for the thermal paste, if you're worried about it, order some name brand stuff. It's inexpensive and well worth the price. Oh, and the thermal paste doesn't cause the cpu to overheat, actually if it's applied right, even cheap thermal paste will do the trick-->I've got the cheap thermal paste that came with my 2.93ghz celeron, which is now overclocked to 3.3x and isn't running hot. Of course, good case ventilation is always helpful
Note that the mobo that you picked is a micro ATX....hope you have small hands with really skinny fingers
My only other catch is the onboard (shared) graphics. I'd go with a cheap gfx card before I'd rely on integrated....even for "light gaming". A decent graphics card can be purchased for about $100 USD (not sure what the conversion would be if you're overseas). Again, just better to have something nice then to have something sucking the resources from your mobo and ram from your machine.
On the flip side, I don't see why this stuff can't get put right together out of the box and be up and running with a handsome new computer in no time flat! Nice build!
War produces veterans, wounded both physically and mentally. They have sacrificed for us.....and it is now our job to help these veterans, as they have already helped us in ways we will never know, in ways that we cannot fathom, and in ways that we take granted every day.