I am fairly certain that the Sapphire 6870 can't use all four video outputs at the same time. The only 6870s that can do 4 displays are ones that have two display port (or two mini display port) jacks. Looks like the XFX you linked to does.
To confirm, I found this in this thread:
http://www.tomshardware.com/forum/35711 ... plays-6870
There certainly are 6870s that can drive 4 displays, I own one. That said, it has to be one with either 2 Display Ports, or 2 Mini Display Ports at the back. You can then drive either 2 monitors on DVI, and 1 on each Display Port, or 1 on DVI, 1 on HDMI, and 1 on each Display Port. Check the back of the card and see what you have. If you only have 2 DVI, 1 HDMI and 1 Display Port, which is the common configuration, you'll only be able to drive 3 displays with your card.
I would also look at a Radeon 7000 series or Geforce 600 series card first. While the 6870 is still a great card, it's also one generation behind and they have introduced some new tech in the latest gen.
I see absolutely no reason to go with RAID0 SSDs unless this was a high-end video editor ONLY being used for that (MAYBE). Fact is that the latest SATA6 drives are going to saturate the SATA bus anyway. Only way you'd see any dramatic improvement over a single drive is to use a high-end hardware add-on RAID controller instead of the onboard.
Instead of two 120Gb SSDs get ONE 240+Gb SSD. Larger capacity SSDs are generally faster.
Unless you are overclocking your CPU (which is totally NOT worth it anymore IMO) I wouldn't get the Corsair Vengeance RAM or ANY "peformance" RAM. The performance RAM generally requires a LOT of tweaking of the timing to make it work on even a non-overclocked mobo. Can't tell you how often I have had friends lament buying performance RAM. You want RAM you can just plug in and KNOW it will work WITHOUT any tweaking. I'd recommend going to Crucial.com and using their online database to get the memory they guarantee will work with it. Get their regular RAM, not the Ballistix performance RAM.
Friends I have doing studio recording tend to like this AD I/O box. It has transformer isolation unlike the cheaper units:
http://www.arx.com.au/International/audibox_usb_io.htm
This is your basic 2 channel in and out. They also make fancier ones with more inputs and outputs.