I can't address the model of bike or the price, but I do have toe overlap on my road bike ('08 Jamis Xenith Pro). I've never had it on any bike before. I thought long and hard about that before I bought the bike, as it was perfect in every other way. My size 9 (or 9.5, or 10, depending on the shoes) clompers, combined with a compact geometry frame. It hasn't really been a problem - but I have learned to think about it. U-turns and 90 degree turns starting up from a stop are the only times it comes into play. When it happens, I suddenly have this feeling that I could crash at any second, but I haven't, and as long as I think about it (which isn't difficult once your foot hits your front wheel once or twice), I remember to be aware of my foot position on those tight turns. It's just a shorter wheelbase than I'm used to. While I've got about 2k miles on it so far, I've probably only done about 5 U-turns and 10 90 degree turns from stops. Anyway, I'm still in love with the bike, and while I'd prefer NOT to have toe overlap, I seem to be able to live with it. I won't be trying any criteriums on this bike, because of that, but I don't want to do criteriums anyway.

I live in a rural area, and don't deal with city riding at all (well, city riding is mostly a straight line for a few blocks around here). If I lived in a big city and needed to deal with lots of sharp turns and traffic all the time, I'm not sure whether it would work for me or not. I suspect a person would get used to it.

Fit - I think fit should be priority #1, and then everything else. I guess you don't know yet if you actually have toe overlap anyway? To check it out, just do a slow-speed turn with your outside foot at 3 o'clock - if it makes you nervous, just coast it without pedalling and see if you make contact. If not, it's a non-issue anyway.

Have fun!