Is this a good gaming/video rendering pc?

I know the 24 gbs of ram is good. Case: Thermaltake Commander Mid-Tower Gaming Case [-72]
Internal USB Extension Module: None
Neon Light Upgrade: None
Extra Case Fan Upgrade: Default case fans
Noise Reduction Technology: None
CPU: Intel® Core™ i7-980 3.33 GHz Six Cores 12M Intel Smart Cache LGA1366 [+324]
Venom Boost Fast And Efficient Factory Overclocking: No Overclocking
Cooling Fan: Intel LGA1366 Certified CPU Fan & Heatsink [-20]
Coolant for Cyberpower Xtreme Hydro Water Cooling Kits: Standard Coolant
Motherboard: * (3-Way SLI Support) MSI X58A-GD45 Intel X58 Chipset SLI/CrossFireX Triple-Channel DDR3 ATX Mainboard w/ 7.1 Audio, eSATA, GbLAN, USB3.0, SATA-III, RAID, IEEE1394a, 3 Gen2 PCIe, 3 PCIe X1 & 1 PCI (All Venom OC Certified)
Memory: 24GB (4GBx6) DDR3/1600MHz Triple Channel Memory Module [+225] (Corsair Vengeance [+59])
Video Card: NVIDIA GeForce GTX 550 Ti 1GB 16X PCIe Video Card [-47] (Major Brand Powered by NVIDIA)
Freebies: None
Video Card 2: None
Video Card 3: None
Power Supply Upgrade: 800 Watts – XtremeGear Gaming Power Supply – Quad SLI Ready
Hard Drive: 1TB SATA-III 6.0Gb/s 32MB Cache 7200RPM HDD (Single Hard Drive)
Freebies: None
Data Hard Drive: None
Hard Drive Cooling Fan: None
External Hard Drive (USB3.0/2.0/eSATA): None
USB Flash Drive: None
Optical Drive: 24X Double Layer Dual Format DVD+-R/+-RW + CD-R/RW Drive (BLACK COLOR)
Optical Drive 2: None
Sound: HIGH DEFINITION ON-BOARD 7.1 AUDIO
3D Vision Glasses: None
LCD Monitor: 19″ Widescreen 1366×768 Sceptre X195W-NAGA 5ms TFT Active Matrix LCD Display LCD (Black Color) [+125]
2nd Monitor: None
3rd Monitor: None
Speakers: None
Network: Onboard Gigabit LAN Network
Network Switch: None
Keyboard: Xtreme Gear (Black Color) Multimedia/Internet USB Keyboard
Mouse: XtremeGear Optical USB 3 Buttons Gaming Mouse
Freebies: None
Mouse Pad: None
Gaming Gear: None
Extra Thermal Display: None
Wireless 802.11B/G Network Card: None
External Wireless Network Card: None
Wireless 802.11 B/G/N Access Point: None
Bluetooth: None
Flash Media Reader/Writer: INTERNAL 12in1 Flash Media Reader/Writer (BLACK COLOR)
Video Camera: None
Headset: None
Printer: None
Cable: None
Power Protection: None
Surge Protector: None
IEEE1394 Card: None
Internal USB Port: Built-in USB 2.0 Ports
USB Port: None
Operating System: Microsoft® Windows 7 Professional [+31] (64-bit Edition)
Media Center Remote Control & TV Tuner: None
Office Suite: None
Games: None
Ultra Care Option: None
Service: STANDARD WARRANTY: 3-YEAR LIMITED WARRANTY PLUS LIFE-TIME TECHNICAL SUPPORT
Rush Service: NO; READY TO SHIP IN 5~10 BUSINESS DAYS