$700 will get you an SAI milspec or GI, and a belt rig, maintainence stuff, and a few good magazines. It will also get you a Rock Island Armory 1911, all the stuff above, and 1/2 a case of ammo.
I have no first hand experience with RIA, but those that do, say they are pretty good guns for the money.
"You can never have too many guns, yo-yos, or crayons"- Mrs. Hotlead speaking to my Nephew Easter morning.
"Yeah, your 9mm "might" expand when it hits the target, but my .45 sure as hell won't shrink."- Me argueing with my Brother about pistol calibers.
BANG, BANG, BANG, BANG, BANG, BANG, BANG, BANG-Pinnnnggg,......clank....clank
BANG....yeah baby, one shot, one ki..........dang it................BANG