I was having the same problem as the OP... originally I wanted the TREK 2.1 2011 but it's too expensive for me as of now, so I was looking at the 1.1
I don't think the 1.2 or 1.5 are worth it, I mean, the 2011 2.1 is going for 1125 here, so only a little bit more expensive and comes with the shimano 105.
I found that my LBS have the Specialized Allez Sport Compact '10 for $710. I will stop by tomorrow and go for a ride.
Do you think it's a good price for this bike? or I would still be better saving more for the 2.1, Defy2 and similars?
I'm really far from been a pro, I just like to get my bike in the morning and go for a 20 mile ride before I go to work... I currently doing it on a hybrid, this would be my first road bike