New Rift compFollow

Im planning to get a new comp for Rift, but am kinda on a budget. I dont really know about all the tech stuff so, im wondering how well something like this will run it.

AMD
Processor: AMD Phenomâ„¢ II
Processor: Speed 2.8GHz
System Bus: 4000MHz
Cache Memory: 3MB cache on die Level 2 and 6MB shared cache on die Level 3
System Memory (RAM): 8GB
System Memory (RAM): Expandable To 16GB
Type of Memory (RAM): DDR3 SDRAM
Hard Drive Type: SATA (5400 rpm)
Hard Drive Size: 1.5TB
Graphics: AMD Radeon HD 6570
Video Memory: 1GB DDR3 (dedicated); 4091MB (total available as allocated by Windows 7)