I went for;
Cooler Master 430 Elite case (seems excellent for a budget case)
Cooler Master Silent Pro Gold 600W Modular Power Supply
Gigabyte P67A-UD4-B3 Mobo
Intel Core i5 2500k CPU
Cooler Master HYPER 212 PLUS COOLER
2x2GB Corsair CMX4GX3M2B1600C9 Memory
1TB SAMSUNG HD103SJ SATA F3
Samsung Optical drive
MS Win 7 Home Prem 64bit OEM
Cooler Master Storm Sentinal Gaming Mouse
Speedlink Medusa 5.1 Surround Sound Headphones
Went a bit Cooler Master crazy, however the only item i'm regretting slightly (though no problems with it yet) is the Power Supply as it may limit me in the future, but otherwise it got great reviews across the web and was on a 'today only offer' so got it at a decent price. Really disappointed about the 6850 Cyclone being faulty, looked like a great card.
I already get free carriage from Scan through AVForums

and have just ordered the replacement card you suggested, might even be here for tomorrow!