Possible Gaming Machine for Me?

Chris’ specs on a < $1K computer from Micro Pro:

• AMD Thunderbird 1.2 GHz (266 FSB) w/ heavy duty heat sink & fan assembly
• ATX Mid Tower Case with 300 Watt ATX PS
• K&S5A Thunderbird/Duron – Ultra 100 – ATX motherboard ( 1 4x AGP – 5 PCI – Ultra33/66/100 )
• 256MB PC2100 DDR memory
• 7200 RMP 40 GB Ultra100 hard drive
• 56x CD-ROM EIDE
• 3D Prophet-2 MX 400 32MB AGP
• SoundBlaster Live! 5.1 sound card
• Altec Lansing AVS-300 3-Piece subwoofer System
• KDS VS-7P 17″ 0.27 mm 1280×1024 NI
• Windows XP Home preinstalled w/ CD

Yeah, I know… it sounds like an expensive Nintendo, Playstation, Xbox, etc. It kinda is more… I think.