To wait until bull cames out will be wise, i'll not jump right in thoug, early adoption is not a nice way to build your first pc, there's always some tame to do on new architecture, but you can buy the now "obsolete" tech at much lower prices.
No matter how much you spend, in a year the tide will change, with that amount, you can build a seriously fast system right now, and make another step next year.
There's no point on spending 100 bucks for maybe a 15-20% improvement, that amounts to around 7fps.
For what i understand, having to sweat for those dollars, i'll do a two step rig.
Go for a good quad, with stock cooling and speeds, good amount of quality ram (don't bother on high performance kits, it does nothing for real world performance) and vga's like nvidia 560-570, or ati 6950.
Be generous with the psu, 650+ top quality, it will last years and will save you lots of headaches, bad energy supply can give you surprises like higher temps on your vga, bad 3d performance and even unstability.
PD:Custom vgas with slightly higer clocks and better than stock cooling doesn't hurt.
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