I had a Colt "Officers" 1991a1 - the bottom of the line and made a couple years ago when Colt was supposedly at its worst.
I worked fine. It fired ball ammo and Federal Hydra-shoks without a hiccup. It wasn't real accurate or well finished but hell, it was a carry gun, not a target pistol. The trigger was terrible.
I bought a Kimber Compact and sold the Colt.
The Kimber is a much better piece, just as reliable (never a jam in thousands of rounds now), more accurate and prettier - and it has a great trigger.
Functionally though, in the real world I'm sure I was just as well protected with either piece.
If this pistol is intended for both recreational target shooting as well as self defense, get the Kimber. If you're looking at just self defense and you can get a better deal,, consider the Colt.
If you have any problems with the Colt, they'll likely be minor, stuff like polishing the feed ramp, etc.
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Keith
The Bears and Bear Maulings Page:
members.xoom.com/keithrogan