I'm not knocking the Taurus (I've got a PT-99 that's been very dependable) but in bang for your buck 1911's it's pretty hard to beat the new Ruger SR1911. I just bought one new from P&D Enterprises for $725 + tax & shipping. Stainless frame & slide with extended thumb safety, grip safety & mag release and Novak sights. Also it's a 70 series style so fewer doodads to worry about. All U.S. made too. Obviously not as cheap as Norincos but several hundred dollars cheaper than equivalent Kimbers, S&Ws, Sigs or STIs if money is a consideration for you.
Virtually all reviews so far have been very positive.