I definitely saw the smooth hound, and while I think it's quite beautiful, it's also a bit out of my desired price range. I also don't understand what you mean by the long stem and seat post; the description on that page specifically states that the bike features a "tall head tube for sitting upright on long hours in the saddle."

EDIT: If I were thinking about paying closer to $1,100, I'd consider the SOMA Mini Velo, actually. She's a beaut, and it's always nice supporting local business.