I would settle for an ugly case (just a box, nothing fancy, $18 at Microcenter) and spend a little more for a bigger processor. Other than that, you should be good!
For example, I have 2 computers, same OS, one is 2.4g processor and 2g RAM... The other is 3.6g processor and 1g RAM... The 3.6g processor works much better with CAD/CAM for very comlicated drawings and generating complicated tool paths. Just my experience.


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and if you can find a smaller hard drive to save money, you won't need a 500g, get an external drive later. Plus, if your OS goes to ****, you can always unplug the external drive and not worry about losing your files.