A buddy of mine has one. I gave it to him NIB as a gift for all the time he put into building my shed. He always wanted that specific one, why I'll never know.
It seemed to be inline with every other stock 1911 I've ever seen, shot, or heard of. It went bang almost every time with decent ammo and even less with crap ammo. It REALLY didn't like Sellier & Bellot. We had a ton of stovepipes and rounds seating out of battery with that brand. The mags are finicky, the one that came with it works, the extra one ordered from Springfield needed the feed lips played with before it would feed properly.
He's put a different hammer, safety, sights and trigger into it and they all went in fine with a little gunsmith work.
It shoots very accurately and nice tight groups even with the crappy GI sights.
The only bad part about it that I have seen so far is that they only come with one magazine and it wasn't easy finding more for it. He ended up getting one from SA at the tune of $45.
It also has the key lock built into the gun which some people don't like. It's never gotten in the way or stopped anything and can be removed with the proper parts, but it doesn't phase him.