I don't know, for me it comes down to this. Will that pistol be more reliable than a Glock? No. Not for that price it isn't, those pistols are just too complex to be able to mass manufacture like that and still get reliability. I don't have a 1911, I used to but not now. It was a Series 70 with a Bomar sight rail for --get this-- $600 at a gunshow in Nashville a decade ago.
If you HAVE to have a 1911 and aren't going to depend on it, I suppose. But I wouldn't bet my life on one, not yet. Let others do the "Beta" testing. I'm just not game for that.
You could come out with the MOST reliable and accurate pistol in the world tomorrow and sell it for $500 and I wouldn't touch it with a ten foot pole for at least a few years, probably more. That is just how I am though.
See, I was VERY interested in that RFB that Keltec made, but obviously suspicous. I waited, and good thing too.
For $600 I just got a 1006 Smith 10mm and it doesn't jam or give me grief. It also has a reputation for being a tank and the most powerful 10mm handgun you can get (saying you load for it). What I'm getting at is you can't buy reputation.
When I think of Ruger, I think of 10/22's and Mk3's. I have a 10/22, always have and always will. The wife and I are planning on an S&H integrally suppressed Mk3, and I think she wants one of the Hunter models. Others swear by their bolt guns and they have some cool falling blocks, but everyone is getting on the AR and 1911 bandwagon --so be careful.