ICryoman
You have my sympathy, but yours is an unusual case, or so I assume from reading posts on this and other boards for two years. Not unique, mind you, but not usual.
Have you had a good 1911 smith go over it for you? With that much cash invested in it, why not see if you can get the pistol working?
I've literally shot 300 rounds in one session without a hitch, and on another occasion I shot 100 rounds, forgot to clean the pistol for a week, went back to the range with the old crud still on it, and it worked just fine. You may just plain have a lemon that can't be improved, but if you could get some satisfaction from it, it would probably be worth getting the work done.
-J.