Again- the $1400 "cowboy" gun (which the New Frontier isn't, by the way) is a variation of a model that's already in production.
Many of the parts are interchangeable with existing Single Action Army models.
It's far easier & far cheaper to produce a variation using a large percentage of parts already in the vendor network and already in inventory channels than it is to start up a complete NEW gun with none of that in place.
The Python, which many have some difficulty in understanding, would be to all intents & purposes an entirely new gun from the manufacturing viewpoint.
Yes, Colt has made 'em before, but that equipment, those workers, and most of the remaining parts inventories are long gone.
Contrast that with ongoing current SAA production, where the machinery's in place, the workers are trained, the parts are being either bought from established vendors or machined in-house.
The New Frontier requires a different frame/topstrap, and different sighting arrangements. Other than those, cylinders, triggers, hammers, firing pins, springs, ejector rods, bolts, gripframes, and so on are or can be interchangeable between the NF and the SAA.
What Colt is using now to service existing Pythons is essentially remnants of old parts stock. It's my understanding that they are not making or buying new parts for old Pythons.
Unless Colt decides to start up new Python parts processes, those will eventually run out, just like barrels for S&W Model 19s, 27s, and 28s have, and at some point in the not too distant future Colt will no longer be able to service existing Pythons.
And, comparing the Python to an Ed Brown 1911 isn't valid, there's a much larger market for high-end 1911 pistols than there is for high-end DA revolvers.
Colt is not lazy & complacent, they've done a remarkable job in recovering from the mess created by decades of bad management prior to the General's tenure there.
Also again- few people understand how close Colt was to going under completely.
With limited money & resources, they had to make the best of what they inherited.
Denis