I have shot the high standard, and as everyone else has said, it is a functional, basic piece. My only complaint is the crappy sights, but that complaint is inherent to any 1911 striving to be GI accurate, and is not a commentary on the High Standard in particular.
As an aside, I personally won't be buying one because for about $75-100 more, I just put a Taurus 1911 on layaway at Sportsmans Warehouse.