+1Something you will also need to consider is which size 1911 you can conceal. I have both a standard 5" barreled one and a 3" barreled one. Both can be concealed, but have to be carried differently based on your body type.
I too own a Taurus Millennium Pro PT-145 (10+1) and have just recently added the Taurus Millennium Pro PT-111 chambered in 9mm (12+1). They easily interchange in a Fobus SP11B paddle holster. The PT-145 was $379 + tax new at Cabela's and the PT-111 was a private sale ($300).I have no trouble concealing a Third Generation Taurus Millenium Pro PT145. It holds 10+1. And, I got it for a steal at $350 + Tax new!
I really like it as it fits my big hand with stubby fingers and so far have not had any problems.
Taurus had a problem for a while with their .45 ACP Magazines sold with the Millennium Pro PT-145. The problem manifests itself as failure to feed with the round jamming against the feed ramp portion of the barrel assembly . The first 2 - 5 rounds jam if the magazine is full. There is generally nothing wrong with the handgun, it is the magazine that is at fault. If you encounter a defective magazine, DO NOT use the many internet "fixes" that others propose. Taurus has a lifetime defect warranty. Pack up the offending Magazine and ship to to them. Give the S/N of the handgun in your cover letter. They will send a new one by return mail. It is my understanding that the problem is clearing up since Taurus detected and fixed it. But it is possible that some defective magazines remain in the pipeline.I have been shopping for a .45acp CC hangun. I plan to pick up a Taurus Millenium Pro PT145 with my next pay check. I will let you know what I think after I put a thousand rounds thru it.