Wow, what a great position to be in, I envy you! Having said that, I agree 100% with AJohnston that the Commercial should be saved for something special. That may mean something different to you, but to me I do think this gun calls for signature grade treatment. I have a 1* Elite and it has totally exceeded my expectations! But it would be a bit of a waste to use a rare Colt as the base gun for what's considered to be a "workhorse" if you will.
Do call Ted at Yo-Bo, it's actually true that he may be the nicest guy in the world, and if you don't get Ted they are all equally helpful.
Have you visited 1911forum.com? There are threads that mirror many of the issues in this discussion over there. There's a fellow who posts there from adcoarms and carries Wilson, Rock River & Baer who recommends Yo-Bo's 1* and other products over those he stocks. His main reason is attention to detail, finish work and customer service.