Comment There's no substitute for research (Score 1) 555
Personally, I'm in the process of building yet another system for myself. You've done part of the research already if you know what uses you intend to put the system to. In some ways it's getting easier as the general power level of most boxes will do most tasks well. I could load you down with the results of my research, but generally that's not particularly helpful unless you need the same sort of box I do.
Some general observations. You don't need a particularly hot machine for what you're talking about. Any reasonably competent motherboard, processor and ram combination should work for you. I'd go with a highish end graphics card since you game even though Oblivion series doesn't require a frame monster. I'd pay attention to what's on the board and make sure it has the right peripherals. I actually need a serial port, do you? The various system guides (I tend to use Ars Technica's system guide) are a good place to evaluate components. I build my boxes to last about three years and often get about five, but I tend to go as close to the bleeding edge as I can. I've had a couple of cases where this has caused problems. There are a number of boards with integrated everything that just need a hard drive, dvd/cd, ram and CPU to get off of the ground. I've built several of these and they work fine for the sort of thing you're doing. I'd probably upgrade the video if I played a lot of games on them, but so far it's not been needed. Since you're thinking about movies I will mention that I've found fan noise really annoying, and you probably want an enclosure that manages cooling well without a bunch of fans (no overclocking...)
Walking into a resonably competent store and buying something in the top third of their system offerings will also get you something decent. I've told friends to just go get a Dell box and that worked too. They even had support and haven't had me over to fix their computer yet. It's all a matter of budget, preference, and how much time you want to spend. I've got about 30-40 hours in the design of the box I'm building.and I'm about eighty percent done. I'll use it for at least five years if my guess is right. YMMV.