I think that the Taylor Made R580 is selling now around your price range. It is a great club. Granted that it is about 3 years old, but the technology is not that far behind. Taylor Made has upgraded to moveable weights but if you don't need a fade or draw bias this is a great stick for you.
I got one recently, (Taylor R580XD), with a stiff graphite shaft. I like it, but I had to make a major investment in super tall tees. This thing has the deepest face of any driver I've ever seen.