Everyone has their own opinions, and mine is a wrong as anyone else's...
I would consider a couple things.
1. What if you guys dont like em? Re-sell is best (now or years later) with a Springfield, Colt, STI (though slightly less so), Kimber, maybe Remington, Ruger, S&W. Guns like Rock Island, AO, "Desert Eagle", and the dozens of other brands may be great guns - but they wont hold quite the same value.
2. A lot of 1911s run great, out of the box. A lot of 1911's need a little massaging, including possibly new mags across the board. A good warranty is a great thing. Springfield has a great rep, as does Colt, and both have very good custom shops.
3. As noted, "cheap" 1911's can often turn into multiple, or very expensive projects. Be warned.
4. Enjoy!
With that said, I dont think there is a much better deal these days than a Springfield Range Officer or Loaded - you get the rep, the added parts most want/add quickly, and with a great company backing them. The SR1911 looks great, but I am a little hesitant just based on their short service life thus far. The 4" commander size keeps me interested, but its hard to spend $800 + tax at Cabelas when I know what that will get me in a Springer, or just a few bucks more on a Colt...
As mentioned, STI uses imported parts for the Spartan, but they get good reviews. Lots of good options.