nanook5 - Welcome to CR! I wish I had started photography at your age! Its a very challenging and rewarding hobby that you can enjoy for your entire life.
What type of photography do you normally do? You said high FPS was important to you, are you primarily shooting sports, action or birds in flight? If so, the 7D is an excellent camera, Canon's best action camera at less than $2000 until the 70D is released. Do you shoot video or just stills? If you do much video, the 70D looks like an awesome option, and its should be as good if not better than the 7D for stills as well.
With a new body just announced and the 7DII on the horizon, things are a bit unsettled right now. Since you already have access to two nice cameras I agree with expatinasia that maybe you should just wait a few months until after the 70D is released and there is some hands-on user feedback to help you decide if you want to go in that direction or stay with the older 7D. I think 7D prices will be lower at that point if you wait.
The real question is whether the 7D is worth buying versus a similarly specified (and priced) 70D?
I would expect 7D prices to drop further once the 70D is released. The 70D really matches the 7D spec for spec, and betters it in most regards. New 7D's are currently going for around $1300 and used around $800. With the 70D being released at $1300, the new 7D's prices must drop or they will not sell any.
Thanks for the welcome
It's not that high FPS is important to me but rather I prefer the flexibility of being able to shoot at a high FPS if needed .
I do shoot a lot of fast moving subjects e.g ,cars,animals,birds
I would love to shoot sports if I ever went to an event!
7FPS is fine for me
I would use video sometimes but my main priority is to shoot stills .
Since I sometimes do Night sky photography I leave the 1D outside all night covered in a plastic bag hooked up to an Intervalometer.
I have the assurance of the metal body and the weather sealing with the 1D ,but then again I have also left the 20D outside all night covered with a bag and have had no problems.
So a metal body is nice but then again it is not needed , although I would like to have weather sealing IF I ever wanted to shoot in the rain.
7D or 70D ,either one will be a definite upgrade of what I have now .
One thing I would like is that the camera I do buy, will still be worth enough money in 2-3 years time
that I will be able to sell it on and upgrade again .