Built this PC without researching -- your opinions?

Ok so I build my pc
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but without doing research
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now I am worried SH!T

so here I am asking u guys what do u think about my pc ' is it future safe is it good ?
does it kick *** of xbox and ps3 ?

is it really a pure *** gamming pc ?

motherboard - GA-970A-DS3

ram(8GB) [1600mhz] - Corsair CMZ4GX3M1A1600C9

processor - fx 8350

harddrive -
SAMSUNG 1TB 7200 RPM

gpu - SAPPHIRE HD 7870 GHz Edition 2GB GDDR5

case - cooler master elite 310

supply box - cooler master Thunder 500W

Monitor - AOC e2050S

the only problem according to me right now is my motherboard it only has one pcie express 2 x16 slot -.- the second slot is pcie express 2 x4

anyways so do u like it or this pc sucks according to u ?

I literally dumped my money in this without thinking
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so I need ur review on this !
 
At 1600x900 (the monitor's native res) you should be able to rock out just fine with that rig.
 
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