The recipe for a successful 1911 in today's market is simple, if only somebdy would do it. Make a no-frills one, completely GI in appearance and in original JMB configuration. Don't waste money on fancy finishes, exotic grips, or match-grade barrels. Let the owner sink $20,000,000,000,000 if he so chooses into custom modifications. And above all, don't let them out the door unless they function correctly!
Springfield had a really good thing going in the early 90's with their plain-jane 1911-A1. Then they decided to make them in Brazil to save money, and everything went to pot. Kimber also had a good thing going, but then they got audacious and started cranking them out so fast they couldn't keep the QC in check. Colt of course simply sat on their butts, and didn't watch market trends or look to ways to improve manufacture w/o sacrificing QC. The absolute BEST 1911s on the market in the past ten years or so have been the Norincos, which although sorely lacking in cosmetics, worked 100% yet were cheap (tho' that was due in part to Chinese labor practices). Something American-made just the Norincos, but of course maybe $100 more to allow for American labor costs, would sell like wildfire. Maybe the Kahr Auto-Ordinance, if only they could keep those from falling apart while still inside the box!