Oooohhh...what a wonderful place to be....Not that I can offer much advice. Personally, I'm not wrench enough or have enough time so I went with the bike plus components plus let the local bike shop build it for me route.

Like Regina, I went custom so that I have a bike that fits *me*. The resale on the bike will never exist (except to strip components), but that doesn't matter.

But, a thing to consider if you are riding a small bike....the weight savings you'll get on a frame isn't going to be that significant because, well, you don't have a lot of frame. Thus, you might place a heavier "weight" on things like geometry and ride feel (e.g., do you want stiff and snappy? or comfy for long rides).

Oh, and I second Knotted's comment about cheap parts. I built up a Surly for winter riding this year. The shop got lucky with some great year-end closeouts, but the bike swap was considered.