Right now I am aiming at ->

INTEL Core i7-950
ASUS Rampage II Gene
CORSAIR XSM3 - DDR3 - 3GB X 2
ATI 4890 OR XFX GTX 275 (which is better?)
1TB HDD WD OR SEAGATE (which is better?)

Also I am looking at CoolerMaster Storm Scout, if you know any better, I am all ears. Also a good cooling system would be great.

Any suggestions appreciated.

PS; I am in India, so try and make sure what you suggest is available here!