Try the sprinfield mil-spec...its a good soild entry level 1911. The taurus is also good but it has front slide serrations. I think RIA 1911 makes a stainless thats fairly cheap but I am not sure
IMHO I think Dan Wesson makes a great 1911 for the money. The fit and finish are superb! How ever they are not cheap. If you want to get in on a 1911 without breaking the bank SA gi or mil-spec would be a good start. Armscor(rock island armory) also make 1911s'. However, I have never shot one to give an opinion.
+1 for the Dan Wesson CBOB. I picked mine up last week and she's a beaut. It's not the cheapest stainless 1911 out there, but even at the new price range of $1,035 or so, it's a very well made gun for the money.
I guess "best value" is subjective. If inexpensive helps make it a best value, my $300 Llama has been perfect and accurate. I guess I got the only good one out there since so many bash the Llama line every chance they get. Spend ~ $900 if you want but I have found the Llama line to have a lot more good than bad guns. For $300 I couldn't be happier. Of course, opinions will vary.