Great-looking gun.
My great uncle has one, a later model with a shorter barrel.
It was the first handgun I ever shot. I was about 11, and he only had Long ammo for it, so it was a Jam-O-Matic. We quickly switched to his revolver and Marlin 39A.
I think that if Colt would start making their classic guns again, they would make a MINT. But they are even more scared of lawyers and politicians than Smith & Wesson, it seems.
Some of their early Browning designs are especially nice; the single action pistols with enclosed hammers. Colt Pythons would also do well; same for the Anacondas, Detective Specials, King Cobras, etc. Too bad they don't have the guts.