Well, I'm 10 months now on the "waiting list" for this mythical SR1911. Believe me .... SR1911 fever has long past me.
My basic $400 Rock Island performs flawlessly. I have half a dozen friends who own the Remingtons, both R1's (I think they're called) and the Range Officers. From what I hear and by what little I have personally handled them, they are fine pistols.
If you want to stay in the under $1000 or under $800 price range, there is a long list of quality 1911s available at gun stores today. I wouldn't hesitate to own a RIA, Springfield, Para or others ..... even a Ruger when they can deliver them.