I have to agree with 10-Ring, everyone needs at least one 1911. They are classic and once you adjust to the grip and safety, they are very natural and are actually a pleasure to shoot. By adjusting to the grip, I mean making the adjustment after having shot exclusively revolvers or double stack autos. I have owned two 1911s, currently own just one.
Mikep99, you ask about reliability. As an XD fan (I own three in 40 caliber and the 45 ACP is next on my list) I have to say from a reliability standpoint, my own experience shows that the XD far exceeds the 1911 in the 'pull trigger, go bang' category. This includes both factory ammo and reloads. I have put a few thousand rounds through my XD Service model and 95% of that has been reloads. I have had only one feed problem with the Service model, and that was due to a bent magazine after it was dropped on a concrete floor in an IPSC match. My Tactical model did not like the FP bullets that I used in the Service and Sub Compact models, but I switched to a RNFP and they work fine. My own personal experience with the 1911s with both factory ammo and reloads (with a variety of mags) comes nowhere close to this.
I believe the XD is not only more reliable, but it does this with a lot less maintenance than the 1911 design, and the chances of getting one that performs flawlessly out of the box in greater with the XD. My opinion only, your own results may vary of course. Not trying to start a 'design war', just answering the question.