The new breed of 1911 do not have a lot of the problems the older ones did.
I say pre 1990 made ones.
I am by no means am a die hard 1911 fan.
I own more Glocks then 1911s but the 1911 is a worthy platform to have in ones arsenal.
Nice S&W revolvers were less than that, because everyone was trading them in. When "Lethal Weapon" came out, everyone had to have a 9mm Beretta because it could shoot smiley faces at the back of the range, just like Mel Gibson in the movie!
I heard you could not find a S&W M29 44 Mag in a gun store when "Dirty Harry" came out.