I've done a lot of research, and have decided on a Dan Wesson Heritage (their entry-level model).
As mentioned above, the DWs have forged frames, no MIM parts, and fit & finish is as close as you can get to a custom 1911 like Ed Brown, Wilson Combat, Les Baer or Nighthawk, to name the big 4, while still being a production gun.
I also like the minimalist look of the Heritage - "everything you need and nothing you don't". No billboard on the slide, no forward slide serrations, etc.
Only thing is, since the slide to frame fit is so tight, the DW 1911s do require a specific break-in procedure. You're supposed to oil it with their oil before shooting, then break it down and clean and re-oil every 50 rds for the first few hundred rounds. Personally I don't have a problem with that, but some folks might.
The Dan Wesson Heritage is going for ~ $1050 on GunBroker right now. "Blem" models, which have some sort of cosmetic defect that is often hardly discernible, are selling for even less.
Only reason I don't have one yet is that i have a few other purchases I need to make first (new toolbox for work, new mountain bike, etc).