Since there have been a few threads on buying an M1A, I guess I'll make my opinion public.
I wrote about my experiences in a thread on
Pro Shooter , but long story short, it would have taken between $650 and $2000 more to make my $1600 rifle into an MOA rifle thanks to SA's use of cast repro parts and shoddy workmanship. All this after a $300 700 ADL in 30.06 outshoots it by leaps and bounds. I'll be the first to admit I didn't help matters much, but there wasn't even a hint of consistancy in that rifle IIRC.
If you want a peice of history, get a CMP Garand. If you want an accurate rifle, get one from Jeff Hicks, George Gardner, or one of many excellent smiths out there. Heck, you can probably get an out of the box Rem 700, Savage, CZ that would be more of a shooter than the average M1A.
There are MOA / sub-MOA M1A's out there. If you look through the for sale sites, you might be able to find a bargain. But you'll still pay beaucoup for either a high maintainence thoroughbred, or a lemon that someone's trying to pawn off.
I'ld urge the CMP Garand for the history or a good bolt action for the accuracy. Go this route, and you'll have money left over to shoot the thing.
MHO,
S.