I agree on both points.
I have a 85% Second Generation (1962) SAA Colt and a 1911 Colt.
Both are beautifully made...smooth as silk.
The SAA does bite a bit when fired, but that's because the grips have never been "fitted", so there are some irritant points, but it shoots straighter than many "modern" revolvers I've had.
It's never been worked, except to replace the hand which was worn enough to cause a small timing problem (probably from trying to count those four clicks you mentioned) and one trigger screw...otherwise, it's almost perfect.
I've been offered $2000.00 for it, much more than the book value, but it also has original stag grips, but I wouldn't take twice that.
It's become an old friend and my oldest son has been eyeballing it...so if it will get him as deeply into guns as I am, I'll put it in my will for him.
My dad had a pre-64 SAA chambered in — of all things — .38 Special. I’ve never shot a pistol with so smooth an action. And for one with fixed sights, it was remarkably accurate. The case hardening on the frame was beautiful.