help interfacing FTDI with existing project

Hi All,

i am trying to interface an FTDI found here I've eliminated PIN 17 as the FTDI would be power by the USB port.

Would somebody please verify if the schematic i've put up is correct.

I was just using the sparkfun FTDI basic break-out as a reference while designing the USB to UART Bridge.

What about using DTR to reset the Atmega8 instead of RTS?

I was taking the design from the schematic used in sparkfun and misread the RTS as DTR. Thank you for pointing it out.