I just sold the last of my 1911 style pistols (black stainless) to buy a 97B and I couldn't be happier.
Don't get me wrong, I think very highly of 1911's, their mystique and history, however, I am firmly convinced that in order to get a fairly decent 1911 you've got to pay nearly a grand or more. That's not to say that the cheaper units aren't good, but the difference between even say a $650 1911 and a $900 would surprise you. You may not feel the difference in the gun shop when comparing how well the action operates, the smoothness of the slide etc... It's at the range where the differences really stand out.
I believe when you buy a 1911 pistol, your paying a premium for the fact that it's a "1911". It's like the companies are banking on the consumer being so enamored with 1911's that they can tack on $250 just for the priviledge of owning one.
A good example is the first 1911 I bought, a NIB Kimber stainless II for $780 out the door. What did I get for that kind of cash? One faulty magazine (no spare provided), a dirty and corroded barrel that still shot fairly straight and one broken Nylon main spring housing the first time I field stripped it (main spring blew past the retaining pin without the pressure from the hammer to hold it in). No nice case, no cleaning brushes and no test target such as you get with CZ's.
My latest CZ, the 97B, came with a clean mirror smooth barrel, a nice case, cleaning tools and a test target that showed it could shoot pretty well.
Or to put it simply, a company that is devoted to supplying it's customers with not only a quality product, but a quality package! The next 1911 I own will be one I purchase and build piece by piece with "real" steel components and not the MIM stuff. Did I ever have a breakage? No. But try a side by side shootout ( I have) with two 1911's. One with the cast parts and one with billet machined parts and you'll feel and see the difference.
My point? If this is your first, and possibly last (yeah, right) .45. I say go with the CZ. There isn't a 1911 that can compare for the same price.
Also, I have medium sized hands, and I'll admit the reach for the trigger in DA mode is just that, a reach. But really, as ergonomically as the grip is designed, this isn't an issue. The weight and size of this pistol only help to tame an otherwise hard kicking round.