PC Hardware upgrade question

[teo726]

So, I'm thinking about upgrading my PC hardware. And I just wanna know if Pro Tools 10 will still work with the following specs. I already have Mbox 3.

Mobo: ASUS P8Z77-mATX (s1155)
Processor: Intel Core i5 3330 (quad core)
Ram: Adata 8 Gigs
CPU cooler: Be quiet! rock pro c1
PSU: Be quiet! System Power (80+) 700Watt
GPU: GTX 650

And I'll be keeping my old Sata and SSD hard drives and the case (Fractal Design Define mini).

Note, this PC upgrade is based on my budget, so before recommending something better, please tell me if these above specs will handle Pro Tools efficiently. Cause a friend told me that mATX isn't meant for "high end" usage and 700w is way too much. Need your opinion!

Thank you in advance!