Alright so,
Getting the gigabyte you recommended. I'll buy the i5 whenever it goes back in stock and when I get Christmas money
I don't need the system running as soon as I get it. I have a okay system for now, but I want to take time and buy all this so atleast I have some of it here.
Where do you live? There's a store called Microcenter, they have REALLY good deals on processors. This Black Friday they were selling i5-2500Ks for $150 each. I luckily grabbed one and the motherboard I recommended to you. I recommend getting the processor from there, if you have one nearby.
http://www.microcenter.com/single_product_results.phtml?product_id=0354589Also, if you have already ordered the GIGABYTE board, try cancelling it if you have a Microcenter near you. Reason is, Microcenter has a deal, if you get the i5-2500K, you get $60 off a Z68 motherboard.
So, in total:
intel i5-2500k - $180
GIGABYTE Z68XP-UD3 - $80 (After rebate and deal)
$260. Same price as getting i3 and the motherboard I recommended. Great deal