I'm somewhat certain that you are, but I will ask anyway. Are you 100% sure that it will be compatible with the motherboard? Also, I'm really ignorant regarding the entire hardware-upgrade-issue as I've never performed it. I believe that I have a PSU of 350W, therefore I would have to upgrade my PSU if I wanted to use the new graphics card, correct? Any suggestions towards that (what kind of PSU to buy/where to buy it, etc)?
Thank you for the advice so far, I really do appreciate it a lot!
EDIT: Forgot to attach the image.
http://www.ipix.lt/images/25205037.png