Ok after some reading comments here and online. I'm going to go with a intergrated GPU and Sound Card (I could always expand in the future) to keep the budget low and to accomplish was is needed.
Some decent comments on this Mobo:
http://ncix.com/products/index.php?s...cture=Gigabyte
Radeon HD 4200 and 7.1 audio (should be ok since I dont plan to do any gaming)
Ram: 4GB
http://ncix.com/products/?sku=38282
HD: 1TB
http://ncix.com/products/index.php?s...20Digital%20WD
Case (slim space behind the tv stand hidden but needs to stand vertical):
http://ncix.com/products/?sku=23679&...ustomerReviews
What you think so far? again all comments appreciated, I need help with picking a CPU out.