CPU/GPU/RAM/etc.

Hmm good point, as definitely I'm no hardcore gamer or anything. As mentioned, League of Legends is all I need honestly (More or less, just don't got much time to play games). So I think ATI will fit me for a video card as they are generally cheaper too I believe. Currently have a HD4870 I believe {Sucks it's Legacy now for Drivers}. For CPU using, AMD Phenom II X6 1090T, so it works for me due to the 6 cores. And price wasn't bad at the time that i bought this rig which was well over... 4-5 years? Maybe even more. So only just now thought to upgrade with Chinese New Years coming up and with quite a lot of Bluray's coming out, need a machine that can actually handle it.

Yeah for encoding the FX-8350, although apparently the FX-8320 can be overclocked to a similar level as the FX-8350 so you could save a few dollars. You could go for a HD7850/HD7870, the HD7770 was a budget choice considering you don't do much gaming.

The 1090t was released less than three years ago. At the time the Phenoms were a good choice and I got the 95w 1055t, but unfortunately right now, AMD can't compare to Intel at the top end. The FX run at a high wattage and aren't that much less than the i7-3770. If I were building a new box for encoding, that's the way I'd go.