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.
 
You'll be fine and you'll have better graphics than current consoles. Maybe even next-gen. :D
 
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