New Builder Parts Check and LCD question

[dstnceswmer]

Hi, I'm looking to start my first build in the next couple weeks I have been doing some research and have compiled, at least so far, an electronics parts list. I was wondering if someone with more knowledge could spot check me on these, and is this all I will need electronics wise?

- Turnigy Aerodrive SK3 - 6374-192kv Brushless Outrunner http://www.hobbyking.com/hobbyking/store/__18129__Turnigy_Aerodrive_SK3_6374_192kv_Brushless_Outrunner_Motor.html
- RotorStar 120A LV (2~6S) Brushless Speed Controller with Selectable SBEC http://www.hobbyking.com/hobbyking/store/__55425__RotorStar_120A_LV_2_6S_Brushless_Speed_Controller_with_Selectable_SBEC.html
- (2x) ZIPPY Flightmax 5000mAh 6S1P 20C http://www.hobbyking.com/hobbyking/store/__8582__ZIPPY_Flightmax_5000mAh_6S1P_20C.html
- IMAX B6AC V2 Professional Balance Charger/Discharger http://www.hobbyking.com/hobbyking/store/__58285__IMAX_B6AC_V2_Professional_Balance_Charger_Discharger.html
- Quanum 2.4Ghz 3ch Pistol Grip Tx & Rx System http://www.hobbyking.com/hobbyking/store/__44693__Quanum_2_4Ghz_3ch_Pistol_Grip_Tx_Rx_System.html

Also I've noticed some builds with an LCD/LED screen mounted in the electronics casing. I've been wondering what that is? Battery Monitor? and how to incorporate it into my build.
Thanks in advance for any help
-Justin