I see the OP has already made a purchase, but for anyone searching who finds this thread in the future, I strongly believe -- and I'm far from alone -- you'll get the most quality for the least money with Dan Wesson. In this case, the Valor, or V-Bob, depending on desired size, would have been ideal based on the limited description of desired features. They certainly do cost more than your typical offerings, but cost less than most, if not all, of the competing semi-customs. If you can't afford one, you can't afford it. But if you can, I don't see a reason to pay more for, for example, an Ed Brown. BTW, I do own two Ed Browns. I think the guy above who suggested the 1911 forum is right on, especially about his cautionary tales of bias. Try to find people who have owned a lot and aren't hell-bent on defending what they own -- especially if they can only afford to own one.
Edit: Just skimmed through the link of 1911 reviews that someone posted above. This guy is great because he actually owns a boatload of different models. Though not all models. I would love to see an updated post from him two years newer. According to him the Dan Wessons have increased in price (I'm frozen in time with them here in California) and are not the screaming good deals they once were, but still great guns. I suspect, however, that the prices of the competition have also risen in the interim so they may, in fact, once again be amazing deals. From what I've read from people who are able to buy their newer models that is, in fact, the case.
Regardless, there are many, many choices. For me, I don't like the idea of MIM parts in a gun. Not that MIM parts can't be made very strong -- it's my understanding they can. But that they may also be more susceptible to production errors. As always, YMMV based on desire, personal bias, and heft of wallet.