Screens do not come into budget? TV screens are usually revolting for everyday PC use. I'd be interested to know whether the TV you're using supports a 1:1 pixel ratio and has 60Hz output. Otherwise you're better off having one TV and one decent monitor. (such as
LG EA53V-P 23in LED IPS Widescreen Monitor [LG-23EA53V-P] - $195.00 : PC Case Gear )
OK so...
Screens not in budget
Assume scavenged power supply and hard drive. (otherwise recommend
Silverstone Strider 500W ST50F-ES [SST-ST50F-ES] - $65.00 : PC Case Gear)
I'll include 8GB in the budget but may be able to swap some over from the old PC
I'll use an Intel base, let me know if you're loyal to AMD
I've included a case on the assumption that if you've got an OEM desktop that case will be horrendous to rebuild in. But if you're strapped for cash and your old one isn't ugly you could try that.
Notes:
CPU. Basically the only gaming CPU worth recommending to anyone. Expected OC, 4.3-4.7 GHz depending purely on luck (there is very little skill involved these days). You can save $60 by getting an i5 4440 if you prefer. I do not recommend dropping back to a dual core (note that AMD 'quad cores' are dual core with regard to Floating Point operations).
Motherboard. A fairly basic yet feature-complete board with some overclocking potential. Too many options to really explain but you could drop back to an H87 chipset and a physically smaller board.
RAM. High speed but high latency. It's the same price as all the other low end stuff and the Haswell memory controller can handle it no worries.
Case. Inexpensive yet not hideously cheap looking. Reasonable to work with and has room for decent cooling. Honestly the low end case market is very wide and thoroughly boring so choose any ATX case you like.
Graphics card. This is the only piece of this build where you really have a LOT of choice. I'd recommend an AMD R9 270 at $230 as this is the best graphics card that a crap power supply is likely to cope with. Here's an article that explains the current state of the market quite nicely.
AnandTech | Best Video Cards: January 2014
Here's the resulting PC Case Gear wish list. It's over budget. Sorry.
PC Case Gear
Here's the revised $700 el cheapo equivalent. If i'm honest there won't be any perceptible performance difference between these two builds... But my OCD imaginary friends and I would feel dead on the inside.
PC Case Gear
(very) SUGGESTED UPGRADE
An SSD. You will notice a difference in responsiveness.
Samsung 840 EVO Series 120GB SSD [MZ-7TE120BW] - $109.00 : PC Case Gear
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