OK so it isn't a true 3.2Ghz chip, instead it is an E5200 overclocked by the supplier. Fact is though that you are getting the set at a discount from the seperate parts price (£186.96). You are then also getting the peace of mind that a pro-clocker has configured the OC properly, matched the best combination of parts for you and tested / warrantied the system to run at the higher speed.
All you need to do is slap this in your old case and add a decent GPU (Radeon 48xx or Nvidia x800GT/2xx series) for a great gaming system, perfectly up to any game at a decent resolution.
If you are a regular member of their forums (like me) you get free delivery, If not it comes to £180.92 delivered.