Is Gamer Xtreme 2200 a good gaming PC?

Is this a good PC for gaming I need one cheap
Specs:

Case: CoolerMaster HAF 912 Mid-Tower Gaming Case w/ Adjustable HDD Cage (Black Color)

Freebies: None

Internal USB Extension Module: None

Neon Light Upgrade: None

Extra Case Fan Upgrade: Maximum 120MM Case Cooling Fans for your selected case [+9]

Noise Reduction Technology: Anti-Vibration Fan Mounts [+9]

CPU: Intel® Core™ i5-2500 3.30 GHz 6M Intel Smart Cache LGA1155 [-10]

Freebies: FREE Game – Shogun 2 Coupon: Total War

Venom Boost Fast And Efficient Factory Overclocking: No Overclocking

Cooling Fan: Asetek 550LC Liquid Cooling System 120MM Radiator & Fan (Advanced Cooling
Performance + Extreme Silent at 20dBA) [+18] (Single Standard 120MM Fan)

Motherboard: Biostar H61MH Intel H61 Chipset DDR3 mATX Mainboard w/ Onboard Video, HDMI, 7.1 HD Audio, GbLAN, USB 2.0, SATA-II, 1 Gen2 PCIe, 1 PCIe X1 & 2 PCI [B3 Stepping]

Intel Smart Response Technology for Z68: None
Memory: 4GB (2GBx2) DDR3/1600MHz Dual Channel Memory Module (Corsair XMS Gaming Memory with Heatsink Spreader)

Video Card: NVIDIA GeForce GTS 450 1GB 16X PCIe Video Card [+60] (Major Brand Powered by NVIDIA)

Freebies: None

Video Card 2: None

Video Card 3: None

Dedicated PHYSX Card: None

Multiple Video Card Settings: Xtreme Performance in SLI/CrossFireX Gaming Mode Supports Single Monitor

Power Supply Upgrade: 700 Watts – XtremeGear SLI/CrossFireX Ready Power Supply [+14]

Hard Drive: 1TB SATA-III 6.0Gb/s 32MB Cache 7200RPM HDD [+9] (Single Hard Drive)

Freebies: None

Data Hard Drive: 1TB SATA-III 6.0Gb/s 32MB Cache 7200RPM HDD [+68] (Single Hard Drive)

Hard Drive Cooling Fan: Vigor iSURF II Hard Disk Drive Cooling System [+21] (1 x System)

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

Freebies: 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: 600Watts PMPO Subwoofer Stereo Speakers [+15]

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

Mouse Pad: None

Gaming Gear: None

Extra Thermal Display: None

Wireless 802.11B/G Network Card: PCI Wireless 802.11n 150Mbps Network Interface Card [+19]

External Wireless Network Card: Asus USB-N13 802.11b/g/n USB 2.0 300Mbps Wireless USB
Adapter

Wireless 802.11 B/G/N Access Point: None

Bluetooth: None

Flash Media Reader/Writer: None

Video Camera: None

Headset: None

Printer: None

Cable: 10-FT HDMI v1.4 Cable Type-A Male to Male High Speed Cable [+10] (1 piece)

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 Home Premium (64-bit Edition)

Media Center Remote Control & TV Tuner: None

Office Suite: Free Microsoft® Office® 2010 STARTER EDITION (Reduced-Functionality versions of
Word and Excel that include advertising)

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

Any suggestions on what i should change, oh yeah and try to keep the price low