This may very well never happen but I can't really live without a PC in the house for my general use with music and web surfing that I require so if I end up getting the Xbox 360, a new HD TV I may have just enough to get a cheap temporary PC that will give me enough umph to serve me well, gaming no being a real factor naturally for this build.
Here's what I'm thinking, I can make it cheaper but I would ideally perfer it to stay about how it is:

HDD-- http://www.newegg.com/Product/Produc...82E16822135106

Mouse (gotta have some style)-- http://www.newegg.com/Product/Produc...82E16826178004

Really cheap keyboard-- http://www.newegg.com/Product/Produc...82E16823126164

Ram (x2)-- http://www.newegg.com/Product/Produc...82E16820146548

Mobo/VGA-- http://www.newegg.com/Product/Produc...82E16813157084

PSU-- http://www.newegg.com/Product/Produc...82E16817153023

CPU-- http://www.newegg.com/Product/Produc...82E16819104245

Case-- http://www.newegg.com/Product/Produc...82E16811164040

Fan controller-- http://www.newegg.com/Product/Produc...82E16811164040

CPU cooler-- http://www.newegg.com/Product/Produc...82E16835106604
I think that should do it, pretty cheap huh? Any suggestions would be appreciated but keep in mind the price, the lower the better within reason of course.