Damn, I envy that deal! Mine cost me 400 before the new barrel, but as soon as I saw it I turned into the worst negotiator possible - I KNEW I was going to buy it. CMP was kind enough to supply me with an M-1 a couple months ago. Springfield, Nov '44. Of course that cost me as much as the 1911, so my wife is wondering what the next WWII ordnance is going to be.
We used to break our M1s down, put them in laundry bags, carry them off campus and go hunting (after installing a firing pin).
I have a couple of Springfield M1s in my gun safe. They are by babies.