The Patriot has gotten some good reviews, some of which can be seen on their web site. The new "Complete Book of Autopistols" has an article. They rate it well as a CCW gun though the trigger pull is a bit heavy. It apparently ran through a variety of factory loads without a malf. The article also says the factory blew 10,000 rounds through a prototype as a durability test.
I believe certain brands of 1911 magazines will work in it, though they stick out the bottom. Even so it gives you a low cost option for carrying spare ammo, like some Mini-Glock owners carry a full-size pre-ban mag as a spare.
It's no super-tuned racegun, but for a guy on a budget who wants a .45ACP carry gun, looks like an OK deal. The mugger on the receiving end of a 230-gr Hydra-Shok won't know or care what the bulet launcher cost.