Joined: Jan 2009
Posts: 44,115
Likes: 6,327
From: New York, NY, and High Falls, NY, USA
Bikes: 1962 Rudge Sports, 1971 Raleigh Super Course, 1971 Raleigh Pro Track, 1974 Raleigh International, 1975 Viscount Fixie, 1982 McLean, 1996 Lemond (Ti), 2002 Burley Zydeco tandem
If you were average size, I'd say do whatever saves money because high end stuff has a bit of hype (but not completely). But geometry has improved in small sizes, so get something custom made.
Someone here on BF told his story of buying a custom frame from Bob Jackson, and it worked out well, and the price was surprisingly low, though I don't remember what it was.