My knowledge is also outdated by about one year, so I'm not going to give you any advice on the CPU/GPU because I am really not qualified to address any of that at the moment. However, I'd like to point out a few other things.
Get a Western Digital Blue.
This G.Skill kit is ever so slightly faster and cheaper so you could just as well grab it instead.
Originally Posted by
Lord of the Lost Socks
I'd recommend getting a 750-watt PSU just in case you ever go for a dual GPU setup. Either that or you can save a bit by getting a 550/600-watt PSU.
Originally Posted by
Lord of the Lost Socks
Also wondering whether I need extra cooling.
You'll want to get an aftermarket CPU cooler simply because it'll reduce the noise your PC makes. CM Hyper 212 EVO is always a solid choice. I have one myself, very good for the price.
Now, as I said, I'll let other people make the comments on the CPU and GPU. Hope this was at least a bit helpful, anyway.