Beauty may be just skin deep, but Ugly goes all the way to the bone... (or internal component)
My first 1911 was a Colt Special Combat Govt. (Hard Chrome). As the 1911 rookie that I was at the time, I wanted the Best 1911 pistol from Colt's "Custom Shop" Well, in the store it looked like a Million Bucks. I plopped down my $$$ and was a happy camper all the way home.
When I took it out of the box, I inspected the bore with a bore-light. Much to my disappointment, there was a 1/4" section of one of the lands missing from the barrel.
"I suppose any manufacturer could let a bad one through QC once in a while." I told myself as I packed it up and sent it back to Conn. After more than 10 weeks, my new Special Combat was returned to me. I was all ready for a day at the range! (Or so I thought) After having feed problems at the range, I decided to field strip it and examined the new barrel they "fitted". I noticed the link pin was loose, and would drop out if I wiggled the link with my finger. Back it went on trip #2 to Conn. I figured it would be a while before I saw that pistol, so I found a good deal on a Sig P220 at a local store. I made the purchase and had put about 650 flawless rounds through it by the time my Special Combat returned. "AWESOME!" I thought, and I went out to the range with my new .45s!
Disappointed again, I noticed most of my old style Hydrashoks (which worked fine in my P220) would hang up on the big gap between the barrel and feed ramp. "This is really a Target Gun anyway" I told myself. It seemed to do fine with Ball and Blazer Match and I was pleased to be enjoying the Special Combat I had purchased 4 months prior. I think it was about 1500 rounds where the firing pin stop developed a 7-O'clock crack. (Colt sent me a new one free of charge.)
It was well before 2K rounds of normal pressure target ammo when it developed a hammer follow. Off it went for it's #3 trip to Conn. This time it didn't bug me so much, as I was now a HUGE SiG/Sauer fan. My P220 kept running like a sewing machine and I found a nice P226 to keep it company. It may have only taken 5 or 6 weeks to get my Special Combat back for its last problem. I decided at that point it would do much better hanging in my safe than going to the range.
I continued to enjoy my Sigs, Glocks & HKs for a number of years. The last few range trips went fine when I shot my Special Combat, but I can tell the extractor needs to be adjusted as it will drop an empty case or snap cap down the magwell when I rack the slide by hand.
Even from their "Custom Shop" I have not seen ANYTHING to impress me from Colt. As an interesting side note, the Python my father gave me was also defective out of the box. (Go figure.

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I had given up on 1911s completely. Until I bought my GSR... It's been Flawless from day one and has never given me an ounce of grief. These days, my Colts are my Show Ponies... My SiGs, Glocks & HKs are the work horses.
Belgian Blue