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Building a PC Mainly for Use With Machine Learning and Massive Data Problems, Looking for Input

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So I've been working on ML and NLP type problems for awhile now and I'd like to invest in some better hardware. I've built computers in the past, but they have mainly been for general purpose use. I've primarily been working with MatLab (but also use java, c++, python, and perl, and someday probably R), and was hoping for some input on what to put in this machine.

Currently this is my build (except using 1600 RAM instead of 1333):

PCPartPicker part list / Price breakdown by merchant / Benchmarks

TypeItemPrice
CPUIntel Core i7-3930K 3.2GHz 6-Core Processor$499.99 @ Microcenter
MotherboardMSI Big Bang - XPower II XL ATX LGA2011 Motherboard$369.99 @ Newegg
MemoryG.Skill Ripjaws Z Series 64GB (8 x 8GB) DDR3-1333 Memory$449.99 @ Newegg
StorageSamsung 840 Series 500GB 2.5" Solid State Disk$334.99 @ NCIX US
Video CardAsus GeForce GTX Titan 6GB Video Card$999.99 @ NCIX US
CaseNZXT Switch 810 (Gun Metal) ATX Full Tower Case$152.94 @ Amazon
Power SupplyCorsair Professional 850W 80 PLUS Gold Certified ATX12V / EPS12V Power Supply$139.99 @ Amazon
Total
Prices include shipping, taxes, and discounts when available.$2947.88
Generated by PCPartPicker 2013-05-27 01:48 EDT-0400

I plan to use watercooling so that I can overclock the cpu and graphics card as well.

I would appreciate any input anyone here has about this setup. Also, I'm considering going with dual six core xeons instead of the single intel i7. If anyone has a recommendation about that in particular (especially using them with the parallel processing toolbox in MatLab), I'd love to hear it.

submitted by mayonaise55
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