Cannondales breaking? Ive never heard that before! (didnt they used to do a lifetime warranty on their frames?)
If you like aluminium, for a bang for buck alu frame, a GT Zaskar is good value at around 299 for the frame. You could XT it and add some decent forks and you'd be under a grand.
When Klein got bought out the prices of their bikes dropped hugely, and were good value last time I looked (are they still going?)
Steel MTB frames offer great value for money, now they sell Kona at halfords, Id bet the frame/bike prices will drop.
Ti frames are great, but its another price bracket.
Im a big fan of Pace forks if there is budget for some good ones.
BTW I think its a great idea to get the best possible frame, as you can always upgrade the bits as money and time allows.
Theres nothing better than getting a new bike! aaah the smell of it. 