Is This a Good Setup?

Ok, so I am getting a few components for my new Hackintosh setup. I have a few parts; however, am still saving up money for the CPU(Intel Core i7-1155) as well as two 2TB hard drives. Can you please tell me if this is a good setup that way I know what components I have to return for a more compatible system? Thanks.

Motherboard: MSI H67MA-E45(B3)
CPU: Intel Core i7-1155(3.4 GHz)
Video: Integrated or Possibly AMD Radeon HD 6870 OR AMD Radeon HD 6850
Sound: Integrated
Wireless: Broadcom BCM94322MC with PCI-E Adapter for PCIx1
Card Reader: Dynex DX-CRDRD
Blu-Ray: LG WH12LS38K
RAM: 8GB
Ethernet: Intgrated

Method of Installation: Retail disk booting up using Chameleon USB Stick Plugged into motherboard.

Another question I have: How much configuration do I have to do with this setup? What kexts should I have? Can this system sleep nativity? Do I need a video card or will the integrated one work just fine?

couple threads for you to read.

wfj has/had a similar board
http://www.tonymacx86.com/viewtopic.php?f=264&t=53822

also, the msi boards need a modified bios flashed (or use speedstepper, personally i prefer the modded rom way)
http://www.tonymacx86.com/viewtopic.php?f=14&t=54196

if you get the 2600k (you mention you want an i7), you can use the integrated graphics, but only on lion.
if you are planning on staying with snow (you mention using retail disk), you will need a gfx card

i dunno bout sleep, as that isnt as clear cut from the outset.
with that board, you only need minimal kexts (as long as you use a modded bios).