Ladies and Gents i present my plan:
At this moment i am playing the new Age of Conan mmo on a laptop (lol) and have realized that for general future gaming purposes i am going to have to build a new desktop pc (i havent had one in about 3 years). My fiance has also expressed interest in having a desktop computer to just do general computing and use her Itunes. I'll be playing games on it, running some photoshop, doing random Teacher stuff, but mostly games. So here are the parts i've come up with courtesy of Newegg. Let me know of any compatibility issues you see or glaring upgrades/downgrades that i could make for minimal price.

Intel Core 2 Duo E8400 Wolfdale 3.0GHz 6MB L2 Cache LGA 775 65W Dual-Core Processor
http://www.newegg.com/Product/Prod [...] 6819115037

ASUS P5N-D LGA 775 NVIDIA nForce 750i SLI ATX Intel Motherboard
http://www.newegg.com/Product/Prod [...] 6813131232

OCZ SLI-Ready Edition 4GB (2 x 2GB) 240-Pin DDR2 SDRAM DDR2 800 (PC2 6400)
http://www.newegg.com/Product/Prod [...] 6820227269

MSI NX8800GT 512M OC GeForce 8800 GT 512MB 256-bit GDDR3 PCI Express 2.0 x16 HDCP Ready SLI Supported Video Card
http://www.newegg.com/Product/Prod [...] 6814127329

COOLER MASTER RR-CCH-L9U1-GP 92mm Hyper TX2 CPU Cooler
http://www.newegg.com/Product/Prod [...] yper%2bTX2

I have some random disc drives laying around, a 7200 rpm Seagate 200gig hardrive which will suffice for now, and a few monitors at my place to choose from. i also have a case ready with a 550w psu although i might upgrade that to a 750w just to be safe (depends what everyone thinks). So thats what im thinkin about. Its around $625 atm which seems like a sweet deal to me. So please, tear these selections apart and tell me what im doing wrong.

I should also mention that i am considering running another 8800gt if i feel like it later on. thats the reason for all the SLI preparations. I also do not have any overclocking experience as of right now but i plan on possibly trying some basic stuff with this system.

Thanks everyone for your time.

Edit: After reading some posts i'd also like to get everyones take on whether the cpu i chose above would be better than something like a:

Intel Core 2 Quad Q6600 Kentsfield 2.4GHz 2 x 4MB L2 Cache LGA 775 Quad-Core Processor
http://www.newegg.com/Product/Prod [...] 6819115017

The price difference is a negligible $24ish so if anyone thinks the 2.4ghz quad core would be better than the 3.0ghz dual-core then by all means please chime in.

Alright after looking over all of that, im thinkin screw the future dual 8800gt's cuz i say i might do it but i know i wont. With that being said, is there a cheaper/better mobo i could go with to save me a little cash?

Go with an 8800 gs for now because new cards are coming out within a month...they should be MUCH more powerful, and if they aren't super awesome at least they'll push current prices down a couple notches.

I have a similar system, with the 8400,same amount and type of ram and same graphics card. However, I wanted to save a bit on the motherboard as i am not huge into overclocking and i got the MSI P7N sli platinum and my system is running perfectly. If you don't want tons of features but you want a decent sli ready motherboard i would recommend it...although i am no expert it may be missing something you want.

I'd say E8400 over Q6600 for gaming. For photoshop / general productivity / multitasking maybe the Q6600 would be better, but since you're gaming on it, definitely the E8400.

As of Photoshop CS3, speed matters more than number of cores. The same goes for games. The E8400 outperforms the Q6600. Just read the CPU charts to see this.