This is the best gun that I've ever owned. It doesn't exhibit problems that are typical in a lot of short 1911s. I've never had a single misfeed or other failure. It groups nice and tight and fits my hand very well. My only complaint about the pistol is the lack of night sights and the Parkerized finish. One of these days, I'll get it sent in to Wilson to have some sights and a coat of Armor Tuff for it.
I'd look into one with a checked front strap, as recoil flip was a big issue to me initially. If you can't spring for a higher end model with the checked front, a $30 set of Hogue Combats helps get the front site down a little quicker. There are some issues with handling a 1911 that become even more important when shooting a short 1911, so read up on how to hold the pistol and learn how to do it. The hold that I learned is hard to do early on because it doesn't feel natural, but once mastered, the muscle memory will let the pistol fall right into that position and it is a rock solid platform to shoot from.
$947 MSRP, you can probably pick one up for about $800: http://www.kimberamerica.com/pistols/compactprocarry/compactstainless.php
$834 MSRP, you could probably pick one up for a little over $700: http://www.kimberamerica.com/pistols/compactprocarry/procarry.php