While I'm stuck here in newbie land I'll pitch in!
Get a 7950 video card. The 7850 comes close in terms of KHash/s per dollar and per watt. I know you're looking at bitcoin which is measured in MHash/s, KHash/s is for litecoin but the relationship in performance between cards is still similar. According to the bitcoin hardware wiki the 7750 does 125 MHash/s vs the 500 for the 7950. So performance is about 4 times greater but cost is only about 3 times greater. Plus you're getting the second most powerful model as opposed to a really low end one. This matters if you decide to stick with it and expand beyond 1 video card because the cost of your other components have to be factored in. For example, if you stuffed a computer with 4 video cards, with 7750's you would only equal the power of 1 7950 of 500 MHash/s where as if you used 7950's that's 2000 MHash/s. Lets run some math
Motherboard - $130
CPU - $55
Ram - $20
PSU - ~7.5 watts per dollar (7750's x 4 = ~320 + ~130 system = ~450, $60 )(7950's x 4 = ~750 + ~130 system = ~880, $120 which in reality is closer to $100)
HDD - used
7750 x4 - ~$400
7950 x4 - ~$1240
7750 system cost - ~ $665 500 MHash/s = .7819 MHash/s per dollar
7950 system cost - ~ $1500 2000 MHash/s = 1.3333 MHash/s per dollar
This translates to about a 70.5% better return on your money with the 7950's. Your break even point with the 7750's is almost 36 weeks where as with the 7950's it's about 16 and a half weeks.
Assuming you were looking to keep upfront costs down I would research a good 7950 and get one to start, find a decent motherboard with 2-3 PCIe 16x slots and 1-3 PCIe 1x slots which you can use powered 1x to 16x riser cables to run more video cards from, get a power supply that is 80+ minimum certified and can supply at least 3 cards and your system. Down the road you can add in more video cards to fill your motherboard, 4, 5 or maybe even 6 cards but then you need one big PSU which gets expensive or use 2. PSU's have a sweet spot in terms of quality wattage for your money above and below which the ROI sucks. 6 card setup? $300-$400 1500 watt PSU or 2 $110 750 watt supplies... Anyway you can check out this spreadsheet I made
https://docs.google.com/spreadsheet/ccc?key=0Au-5jsYGHc29dG94ekRvbEl1WEUxcnFYMU14eDRRV3c&usp=sharing and my thread on litecoin
https://forum.litecoin.net/index.php/topic,2870.0.html that explains how to use it