[henry]

Waiting for prices to drop when upgrading, is alright except that if/when they drop something else better is inevitably released.
Also CPU's tend to change so that the motherboard you intend to buy when the price is right, won't support the CPU that's currently their latest.

Your system is indeed adequate, only the wealthy(or foolish)can afford to upgrade frequently.
Personally I'd save me pennies until my system wasn't cutting it anymore and then buy the best available plus the best value for money.

Sometimes a small percentage increase in CPU speed, means 100's difference in price. Same goes for graphics cards, the Ultra version of the outgoing may well be as good as the incoming first release.


To buy a motherboard with the latest chipset and have an AGP slot(if one existed), would be pretty pointless.
My point earlier about obsolescence is what upgrading is about, not only would you need a new graphics card, but CPU and RAM as the new boards mostly support DDR2, if you buy one that supports DDR it's already on the way to obsolescence.