That looks solid...good quality parts that should serve you well.
If it were me, I'd grab the Noctua NH-D14 CPU cooler instead. It's a bit better performer than the H70 and it's also $10 cheaper. The only down-side is the massive size. However, with the Ripjaws, you'll have no problem fitting them under the D14.
NCIX.com - Buy Noctua NH-D14 LGA1155/1156/1366/AM3 I7/I5/PHENOM Heatpipe Cooler W/ NF-P14 140MM & NF-P12 120MM Fan - Noctua - NH-D14 - in Canada
Other than that, it looks like you're quite close to your budget and you've got some great hardware. I'd say pull the trigger.