Very basic. CPU, mobo, optical drive, case, CPU cooling. You add the videocard(s), keyboard, mouse, screen and speakers.
$854 before taxes, minus $30 MIR for the mobo.
Not a bad system, but you got to order soon or the deal from NCIX expires.
EDIT: Aircooling ought to be good enough... the Antec 900 is a very good case for it because of the huge 200mm fan above and the 2x120mm back, plus the mesh case sides.