I've been thinking about getting a 1911 lately too, and this is some random trivia I've picked up.
1) If you are on a tight budget, there are lots of Rock Island Armory 1911 fans out there. You can get these for $400-450, and lots of people have very good things to say about them, including that they seem to be very reliable. I believe they are manufactured in the Phillipines.
2) I am giving the Ruger a hard look. I've basically pushed back my buy date for a year or so, to see how the Rugers do in the marketplace. But a stainless steel, made-in-America 1911 with Ruger's legendary customer support backing it up, for a street price of about $650, has got to be considered, in my book. I think it's a damn good looking gun, too. Lots of gun snobs frown on Rugers for some reason, maybe their clunky P-series pistols, but I have an SR9 and it's a great gun for me. Then again, I don't buy guns as status symbols.
3) I have shot Glocks and as much as I'd like to run with the "popular" crowd, I just can't get into them. Yes they are reliable, but I just can't adjust to the goofy grip angle.
4) My brother has a Kimber 1911 and seems to like it. I have heard rumors that their quality control has slipped in recent years though. They probably cost more than I want to pay for a 1911.
5) One more suggestion, if you have NO handguns, save up $200-300 and buy yourself a .22 cal pistol like a Ruger 22/45. You can learn to shoot a pistol pretty cheaply when you're just plinking with .22 ammo. .45 cal ammunition, however, is pretty expensive, as you may have noticed. You'll make that $200 or so back pretty quick on ammo savings, and it's a legitimate excuse to buy another gun. I've got a Ruger .22 semiauto pistol and it's one of my favorite handguns, because I can shoot the thing literally ALL DAY LONG for about $15 worth of ammunition. The 22/45s have the same grip angle as a 1911 too, so that's a plus too.
Do your due diligence, check out thehighroad.org and thefiringline.com forums, along with others such as m1911.org. Have fun and let us know what you decide.