Randall has gone belly up -- that should tell you something. Have a minor collector following because they made a left-handed 1911.
Search for my threads about my CD EMS and Armscor45. Assuiming the ones I bought at gun show retail are typical, they represent great value. My CD had some minor and easy (for me) to fix problems out of the box, but is going great with over 4200 rounds now, my Armscor 45 has been 100% out of the box, over 600 rounds now.
OTOH, if I judged all Colts by my first one I'd declare them to be junk. Two out of three of my Colts needed work out of the box to function 100%, the first major, the second minor (came with defective slide stop that randomly locked the slide open with any ammo, swapping slide stops with my Norinco made the Norinco randomly lock back and the Colt work 100%).
I've only one Springfield, it was not problem free out of the box -- mis-fires because of loose firing pin retainer. Lots of FTE until I increased the extractor tension. I'd not declare them junk because of this, but if I buy another I'll be looking it over much more carefully!
I've four Kimbers -- only problem has been the mags Kimber ships. Needed to replace the recoil spring and increase extractor tension on my Ultra Carry after maybe 800 rounds, many consider this normal maintainence for 3" 1911 guns.
In terms of trigger and accuracy my CD and Armscor45 compare vary favorably, Kimbers seem a bit better, but certainly not better proportional to the 2X+ cost.
--wally.