I just bought a Regent R100, and I'm very pleased. I know next to nothing about quality 1911's, but the Regent has been 100% reliable, has very nice fit to the slide, and feels great to shoot.
The only downside I can find is that the finish on it is pretty shallow. I wore a spot on the slide against the copper button of my jeans. Not a big deal as resale on a budget 1911 isn't that great, and I bought this one to bugger up before deciding if a $1K one was worth it for me.
Still, for $429-ish, I'm pleased. The Turks know how to crank out some good guns, and this 1911 clone seems to be a winner.
That said, it's as basic as it gets. I wanted a stock government model for history sake, but they did add a few extras. It's got the Series 80 safety which some do not like. However, the throat is super polished. I don't see any reason why it won't reliably feed jhp all day long.