And when I fire my hand guns I normally hear "BOOM!" not "rattle rattle"
If all you hear is a rattle when you pull the trigger, then see the "Jennings hate" thread
My Sigs have varying degrees of "play" in the slide, but the ONLY reliable Colt I ever had (don't flame me--just my experience) rattled like a screen door coming off the hinges.
My P239 has it the worst. Without a magazine, you can rattle it audibly, and there's both vertical and horizontal play in the slide, BUT it's more accurate than any other pistol in its size that I've fired, and I've fired over 3000 rounds through it without a malfunction. So, yeah, it's a bit unsettling, but a) it functions and b) it's reliable.
For the record, my P225, Kahr MK9 and even my Kimber have *some* play, but if they didn't, I'd worry about reliability. Think of clearance and fault-tolerance. When you get a vise-tight slide like on some of the ~$3000 1911s, lord help you if any dust or sediment gets in there, or the gun'll lock up real quick.