It looks decent but there is little known about the GPU card. (Sorry if I missed something)
It only says it's 1GB. Which is a selling gimmick. I can't see whether or not it's dedicated memory or shared, because that's a huge difference. Also the clock speed is important if not more.
Personally I'm not very fond of Acer computers. They are cheap I must admit, but as soon as you run Windows for the first time there are zillions of unnecessary applications installed with it whom which most of them load upon PC startup, thereby slowing it down. And after 3 months when all trial versions expire you get loads of annoying messages, notifications, alerts and other kinds of nonsense.
My brother's laptop had 20(!!) rubbish applications running. Varying from anti mal/spy/virus software to cleanup software to logging software for 'support and feedback' to some minigames which weirdly enough were running on the background at windows startup.
I double checked and it really was Acer that installed this. After removal of everything, even the apps Acer claimed to be 'important' the laptop ran much faster.
So I hope Acer has taken a different path in the meantime regarding extra software.
Running SSE on highest settings for a low price is rather impossible as you will need a beast of a gaming rig to be able to do so. I know from Stormforce that he reaches a nice FPS count with max settings. But his computer exists out of these specifications:
Motherboard: ASUS Rampage IV Extreme X79
CPU: Intel Hex Core i7 3930K overclocked to 4.6Ghz
Cooler: Corsair H100
RAM: 16Gb Corsair Vengance LP
GPU: Nvidia 4Gb GTX690
SSD: 256Gb Corsair Performance Pro
HDD: 2 x 3Tb Western Digital Caviar Green
Sound: ASUS Xonar DX2
Case: CoolerMaster HAF-X
Monitor: 30†Dell Ultrasharp U3011
Not that I know the price of everything, but considering his computer is twice as good to mine on almost any area, and I payed around $1000,- for it. My guess is that it would cost the double as well.
His GPU card alone is almost as expensive as my whole computer