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I've built my own machines since the early 90's. By that I mean I assembled components, I didn't build the motherboards etc..
Last year I found a Dell box on eBay with a dual bus motherboard supporting the latest 875p chipset along with a P4 3.2ghz Intel cpu for $400. Just the Intel cpu was selling for $450 at the time so I couldn't resist the bargain. The bios on this mb isn't overclockable, but I'm not the gamer I used to be and I'm happy with it. I added memory, video, dvd burner, etc etc...
But if you want a stable machine and on-site support, Dell isn't a horrible way to go.
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