PSA has some 1911s on clearance for only $369. Dont really know much about Shooters Arms brand but I would buy one if I could come up with the money...
http://palmettostatearmory.com/index.php/shooters-arms-elite-pistol-1911-45acp-hg1118-n.html
http://palmettostatearmory.com/index.php/shooters-arms-elite-pistol-1911-45acp-hg1118-n.html