Is there $950 worth in the extra parts? I think it would go close. IMO if you are man-sized, buy the best frame and suspension you can afford - you won't regret it. Not everyone wants to spend the bigger $$ though, and that's fine.
I noticed the Elite has the RC rear shock and the bike posted in the link has the cheaper AR model. The Elite has the generation II fastace forks..it's hard to tell exactly what those are. The CNC alloy is certainly where the $$ are.