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All X77/X99 CPU's have a TDP in excess of 100W iirc(130W-140W, some xeons hit 160W and there are some who use Xeons at home) i thought, which are more performance, not extreme setups really. You could easily use a 1200W unit, if you know that you may have more gear at higher performance (usually involves moar wattage). A good unit with higher wattage is just as efficient as a unit with smaller wattage in a certain operating range iirc., so why not if you have any designs on future?
If someone's actually looking for this particular unit, this may be a good deal for someone. I think, if it hits 240 then it would be $20 or so cheaper than other deals, and right now it is $10 or so cheaper than anywhere else.
If i were looking for a unit right now, i would rather get a EVGA i saw for cheaper on newegg sometime ago, with more wattage, but that's just me. http://www.ncixus.com/products/?sku=85573&promoid=1395&gclid=Cj0KEQjw-OCqBRDXmIWvveLE3_cBEiQAZWfImaBEFZSMjAAhRN6lJU47DkgPcbNQXriw6fdAQwi_KQEaAksx8P8HAQ
http://www.overstock.com/Electronics/EVGA-Supernova-1300-G2-1300W-Power-Supply/8110156/product.html
If one wants a platinum certified one... http://www.overstock.com/Electronics/EVGA-SuperNOVA-1200-P2-Power-Supply/9168744/product.html?refccid=45VS3AKAZVYLMB2E3WPQC6MRYU&searchidx=3
Amazon has got it for $232
7 years is plenty, but EVGA offers 10 years warranty on either of the units mentioned above.