New Build...any advice appreciated

Hello..Building a new system to use with my V100 and included software.Will upgrade to X2 when I get comfortable with VS Production Pack software.I normally record my own blues, rock and folk tunes with a maximum of 20 tracks, live guitars, vocals and will use  Superior Drummer,soft synth basses and keyboards.Wondering if this compuer system would suffice.I dont want drop outs or major latency issue, just a simple setup to capture my ideas for publishing or to give to the band for performance.Any tweaking ideas appreciated.
Intel Core i7-3770 Ivy Bridge 3.4GHz (3.9GHz Turbo) Quad Core 8000K
Coolermaster V6 GT, 6 Copper Heat Pipes, Extra Quiet CPU fan
Gigabyte GA-Z77-D3H, Onboard Video, X-fire, SATA3, DVI & HDMI, USB3.0, GB LAN, HD Audio
8GB (2x4GB) PC12800 DDR3 1600 Dual Channel
500.0 GB Western Digital Blue 7200RPM SATA3 6GB/s 16m cache
Hard Drive Cooling Fan Aluminum Internal
500.0 GB Western Digital Blue 7200RPM SATA3 6GB/s 16m cache
Hard Drive Cooling Fan Aluminum Internal
LG 22x DVD Recorder Dual Layer +R/RW -R/RW
Realtek HD digital audio (onboard)
Ethernet network adapter (onboard)
Antec Sonata iV Black Ultra Quiet Case front USB 3.0
Dual Case Fans 120 mm Extra Quiet DC fan (two fans)
Thermaltake TR2 600W ultra quiet ATX Power Supply, SLI & X-fire ready
Microsoft Windows 7 Pro 64bit DVD w/SP1 & Win 8 Pro Upgrade offer

FWIW, I wouldn't use that motherboard, RAM, and stock CPU cooler.

GUys..when you mention "disable WiFi", do you mean turning off the radio or disabling in Device Manager?

Thanks

I don't know how the builders, such as Jim Roseberry think about the new system I built (I know they want to build one for you - that's their business).

Sonar X1D Extended 64 bit zings along.  I'm using the built in Intel HD4000 graphics and so far no issues.  I get 6.5 Windows Experience score for both graphic parameters.  I get 7.7 for the CPU and 7.8 for the Memory (RAM) and 7.8 for the SSD drive.

i7 3770 CPU, 16GB of GSkill Ripsaw F3-14900CL9Q memory (listed as compatible with motherboard by Gigabyte), Gigabyte Z77X-UD5H motherboard (NO Wireless).  Corsair H80 Liquid CPU cooler (with aftermarket "quiet" fans). Antec 650 watt "quiet" modular power supply, Corsair Carbide 500R case.  OCZ Vertex 4, 128GB SSD (for OS and Sonar/Recording software) and 1TB 7200RPM hard drive for everything else. Two LG GH24LS70 CD/DVD burners (these are the only SATA burner drives I found that will burn audio CD-R's at 8X - my audio CD burning standard speed).

Antec P183 case w/Nexus 630w PS
Gigabyte GA-Z77X and Intel i7-3770K 3.5 GHz quad
Cooler Master TPC-812
16GB Corsair DDR3-1600MHz
1 Seagate 1TB SATA 6Gb/s
1 Seagate 500G SATA 6Gb/s
Windows 7 Pro 64

Not 1 hickup or crash since June!  Loving quiet and stable.  Still no video card installed.

The 'problem' with the main board there is that it is based on the H77 chipset which means the clock multiplier is locked.  The Z77 version of that board should be fine.
 
The memory is just too low spec 667(X2) mhz than the chipset and processor are capable of supporting, and intel coolers are just not up to the mark.
 
It's just if you are buying new you may as well get these bits right at the outset as it's normally cheaper than replacing them down the line.
 
i.e I wanted the onboard graphics when I built mine so back then I had the choice of no onboard graphics and a locked CPU multiplier (H67) or an unlocked multiplier and no onboard graphics (P67).  It was awhile before the Z68 came out which offered both unlocked and onboard graphics.
 
The Z77 offers both for the third generation chips like the Z68 does for 2nd generation chips and the H77 chipset again locks the multiplier.
 
It might not be important when you first get the machine going as you are likely to be impressed by the performance as is, but further down the line you might like a machine with a bigger kick the z77 will give you options on that score.
 
I think you are right going the 1155 socket route if you are looking for budget so for the little extras it's going to cost at build time Bret B's and Fireberd's recommendations are pretty much on the money.
My two pennies.

Thank you for the straight forward answer! Ill go back and reconfigure my specs!