I love the sweeping generalizations about Taurus pistols and owners by non-Taurus owners. Kind of reminds me about the "observations" that the media is making about the health care protesters. Honestly, I don't think that the vast majority of the Taurus critics are owners or know any Taurus owners.
I was an SF trooper in a different life, grew up hunting and shooting in West Texas and have had my share of handguns and rifles over the course of my nearly fifty or so years. Anybody that carried an issue M1911 back in the day probably doesn't remember the soft halo glow and the tight fit, and yet those same guns and makers are now things of beauty and legend. I'm not a new gun owner, and I have recommended Taurus to my shooting buddy and neighbor, who's a Korean war vet, and has owned a pistol or two.
As far as the quality of Taurus vs other makers, take a look at the recall stickies at the top of the forum. Does recall mean that S&W/Walther/Ruger and Colts are POS? No, it means that manufacturing is a process done by men, not angels. I'm down to two pistols in my safe, a Detonics 9-11-01 in 45 ACP and a Taurus PT1911 in .38 Super. I'm happy as a pig in s#!t with both guns. If you all don't find that to your liking, you can kiss my @$$.
EDIT: Well, ok, that last part was a little over the top. Let's just say I'm happy with Taurus, and although I know it's not a Sig or a Colt, I didn't pay the brand name premium, and the gun has yet to let me down.