I found this at costco online for $1199 from ibuypower computers.

Processor:

Intel Core i7 920 CPU (Maximize your gaming and multitasking!)
CPU Speed: 2.66Ghz
Intel Turbo Mode
CPU Cores: 4
CPU Threads: 8
L3 Cache size: 8MB
Processor Cooling:

Liquid Cooled
120MM Radiator
Entirely Sealed
Zero Maintenance
Memory:

DDR3-1333 (PC3 10666) (Double the memory bandwidth of DDR3)
12GB (2GB x 6) Triple Channel (Run more, with no more slowdowns!)
Triple Channel (Maximum memory bandwidth)
Upgradable up to 24GB
Motherboard:

Intel x58 Chipset
South Bridge: ICH10R
Socket 1366
Graphics:

Nvidia GTS 250
1GB GDDR3 Memory
Nvidia CUDA Technology
Nvidia PhysX Technology
Hard Drive:

Capacity: 1TB
Speed: 7,200 RPM
Interface: SATA II
Optical Drive:

22x DVDRW
Double Layer Support
Network:

10/100/1000Mbps Ethernet Port


Audio:

Realtek High Definition 8 Channels


Keyboard & Mouse:

iBUYPOWER Keyboard (104 Standard Keys and 18 Multimedia Keys)
iBUYPOWER Optical Mouse (Includes Scroll, Forward, Backwards buttons)
Expandability:

4 x 5.25" drive bays (external) (3 available)
1 x 3.5" drive bays (external) (0 available)
7 x 3.5" drive bays (internal for hard drive) (3 available)
3 x PCIe x16 (2 available) (Crossfire Ready, SLI Ready)
2 x PCIe x1 (1 available)
2 x PCI


Ports:

8x USB 2.0 (2x on Front, 6x on rear)
2 x Front Audio Jacks
6x Rear Audio Jacks
1 x Optical S/PDIF Audio
2 x PS/2 (keyboard and mouse)
1 x eSATA 3Gb/s Port
1 x IEEE 1394a (FireWire)
1 x RJ-45 (Ethernet)


Operating System and Software:

Microsoft Windows 7 Home Premium (64-bit)
Additional Information:

700-watt power supply
Dimensions: 17.75" H x 20.5" D x 8" W


Warranty and Support:

Hardware Warranty: 2-year limited hardware parts and labor from date of purchase
Email: techsupport@ibuypower.com
Phone Toll Free: 1(888) 618-6040
[Model S915i]

And this monitor from Hanns-g (updated model)

Display:


Screen Size: 28" WUXGA TFT LCD (27.5" viewable) Computer Monitor
Resolution: 1920 x 1200
Response time: 3ms X-Celerate Overdrive
Brightness: 400 cd/m²
Contrast Ratio: 800:1
Viewing Angle: 170° H/160° V
Pixel Pitch: 0.309mm

Input Connection:

2x HDMI (with HDCP)
1x VGA 15-pin mini D-Sub
DVI and component via cable (cables included)
Headphone out
Additional Features:

Integrated 2 Watt Stereo Speakers
Energy Star Qualified
VESA Wall Mount Capable
Full HD 1080p
Tilt Stand: 0º - 20º
Anti-Glare hard coating
General:

Dimensions: W 28.3" x H 23.9" x D 12"
Weight: 23.4 lbs.
Warranty: 3 Year Limited
What's Included:

HH-281HPB Monitor
VGA Cable
HDMI-DVI Cable
Audio Cable
Power Cable
User Manual CD-ROM
Quick Start Guide
Warranty Card
[Model HH-281HPB]

Total price $1500 and add an external harddrive for video.

Not bad for the money. Video card may be a bit suspect, but Vegas won't care. Could use a couple drives, and not sure about the monitor. But overall seems like a fair deal.

I can't really tell. Too much details lacking, but the price seems reasonable. The disk setup is severly lacking however. Get at least 2 additional disks, one a smallish one for OS & programs and a large one for storage.

Also have a look here: Adobe Forums: How to get the best from a PC? Some... (http://forums.adobe.com/thread/436215)

This looks like a very good price for the gear. At a guess, you'd spend $1800+ to buy the raw components, not including a monitor.

Agreeing that you'll need a couple more drives.

Beware, however, that with 11 drive bays available, that if you really started filling them up, a 700w power supply might not cover it. That wouldn't be a problem for me, as I use external solutions for archiving, internal for working space, but some people like to have 6+ drives internally.

It would be nice to know exactly what motherboard this is.

I've not had any experience with water cooling - my understanding is that it is very quiet and very effective, which is great.

Seth,

You are right that watercooling is very quiet, but only marginally better that air. DICE and NO2 are much more effective, but have the drawback of evaporation.