is this the best I can do for $200 (upgrading Inspiron 530D).

I came up with:

http://www.newegg.com/Product/Product.aspx?Item=N82E16811154095
http://www.newegg.com/Product/Product.aspx?Item=N82E16813138180
http://www.newegg.com/Product/Product.aspx?Item=N82E16820231396
http://www.newegg.com/Product/Product.aspx?Item=N82E16819103872

Reusing XP32 bit (retail from laying around , not Dell) , corsair 400 watt, 4670 video card, and current sata hard drive and DVD burner.

does that sound ok to start going in the right direction?

Later on: purchasing Windows7 64bit first thing. Maybe upgrading GPU and PSU.

 

Just look at 95w cpu as that is what the board is maxed at.
http://www.amd.com/us/products/desk.../Pages/phenom-ii-model-number-comparison.aspx
check all motherbord spec- worth checking on Biostar to see if memory is part of their approved list - probably o.k ddr3 1033
http://www.biostar.com.tw/app/en/mb/content.php?S_ID=461

At least on board video can be handy if trying newer cards later, as you can always have video backup.

 

I couldn't find anything with a cooler in budget besides a Rena 3 core.

The Radeon 4670 does everything but Crysis worth while currently so I'm not in THAT much of a hurry for the video upgrade and power supply right now. I'm more interested in the Win7 64bit before that.

It seems the DDR3 is fine?