I say go for a total overhaul upgrade... Why settle for less?
I'd easily guess the price you paid for your current hardware now is more expensive than upgrading to a modern system...
First off... Your setup will determine your chipset on the mobo. If you want to go dual card, X-Fire comes up short, but single ATi cards usually beat a single Nvidia graphics card, but once you start going for dual setups, you'll want nvidia... (a known documented fact is that Nvidia cards are tons quieter than noisey as constipation screamer crap that is ATi)
Which brings me to the next point, the chip. Oddly enough, I've heard that ATi chips favor the AMD processor whereas the Nvidia cards like Intel. Also, for RAM, do NOT get Corsair ram if you're getting an AMD, their timings simply don't mesh. What you see isn't what you get. OCZ RAM for AMD cpus and Corsair for Intel cpus.
SATA II 3.0 Gb/s hard drive is the way to go. I definitely noticed a speed increase in terms of loading. The new Seagate perpendicular drives allow for massive harddrive storage. 750Gb on an HD? How's THAT for a multi-anime music video?
Also, if you truely want to get the most bang for your buck, learn how to overclock your system. DFI Motherboards are excellent for this with Abit right behind them. By making your system run [SAFELY] beyond its intended specifications, you'll be internally purchasing high end gear for mid-low end pricing... [I have an Opteron Dual Core processor which normally goes for $300 but I've overclocked it to match the speed of a similar chip that's $850. How's THAT for value?]
Is it expensive? Depends on you really. I think you can setup a very nice system upgrade for just under $600. On Newegg, you can pay it off in 6months, no interest, for $100 a month. $3 a day!
But, if you don't have a job and can't afford even 'decent' parts... Then I guess you're stuck using your current stuff. The problem with replacing what you have is that Motherboards are all going SATA and PCI-e and there's nothing you can do to stop it. Either conform, or be left in the technological dust...
"Strength lies in action. Let the weak react to me..." - Kamahl, Pit Fighter from Magic: the Gathering
"That is a mistake many of my enemies make. They think before they act. I act before I think!" - Vortigern from Merlin ('98)
"I AM REBORN!" - Dark Schneider Bastard!! OAV