As usual, Stumpy, the good news and the bad news is the same news. The good part is that you have money to spend and several outstanding knives to consider. The bad is that they're all good choices.
I absolutely love my 111--particularly after tuning up the action (thanks to
@anvil_den for his vid and advice) and doing a bit of a reprofile to the blade. It's an absolute cutting machine and thumb guillotine with its wicked free, drop-shutty action. It still has just the right detent to flip out easily with a nice snap. I'm sure the Elmax/G10 version is a fine knife and is a great value, but I think the extra money for CF version is worth it. I have Shiros in 3 steels--S30V, M390, and Vanax37--and all are great, so I'd have to assume their Elmax is excellent too, but I really like their M390. Wondering if there are any serial production 111s in Vanax37
I have 2 Cheburkovs--a bronze ano'd "Pyramid" Scout M390 and a small CF Swift (Strisch or Strizh) in Vanadis8. Both excellent knives with great build quality and great values at price points significantly below Shiro levels. I've just order a customized Raven from Alexandr--stonewashed M390 blade and Ti slabs with a red C-Tek scale that will take a while to produce. Even though this is the Bears' Den, I have no problem recommending Workshop Cheburkova. PM me if you need a source with good selection.
Of course, no post here is complete without pics...
Editor's note: All pics above contain at least one Shiro to maintain Bears' Den integrity.