I own one and it is a great gun. It is every bit as reliable and accurate as my uncle's Browning, but not quite as nicely finished. They were assembled from FEG parts by either Dan Wesson or Magnum Research. If there is an 'M' in the serial number, it was put together by Magnum Research, otherwise it was built by Dan Wesson.
The grips are wonderful and the one I have has XS Big Dot sights. I like them but don't recall if all CDs were built with them. The nice thing is that most of them have slide cuts that match 1911 cuts so you can change to almost any kind of sights you can think of.
I purchased mine about three years ago for $325. I think that was a fairly typical price for a lightly used one then.
ETA: I have yet to find a part that doesn't interchange between the CD and the Browning.