If you've got a good amount of cash burning a hole in your pocket, you could get SVI to build you a gun from the ground up. The two that I've gotten quoted were in the $2100 to $2500 range for .40 here in PRK. Check out http://www.gunbuilder.com to see what you can come up with.
Until I hit the lotto, however, I'm thinking about having Dawson build me a P16-40 as you suggested based on both the "safeness" of the gun in the state of CA and the cost.
I would have considered an STI, but am a little peeved that they decided to bow to the idiots in office in CA. STI's are still considered safe in CA until 12/2003 (at which time they become WOMD), but I guess that that's moot until STI decides to grow some.... I'd probably buy an STI were I to move out of CA, though.
If you've got your heart set on a hi-cap Limited gun in CA, you're pretty much stuck with the Para or SVI.
(Edited by 300lbGorilla at 1:49 am on Jan. 21, 2003)