Okay, here's the deal....
For the last year the Colt was still offering revolvers all but the Python and the single actions were being built by Rodger Hunziker, owner of Phillips and Rogers in Texas. The Python and the single actions were being built in the Colt custom shop.
Colt recognized that quality control had went down hill to the point that it no longer existed in their own shop. They hired Rodger as a consultant and manufacture. They had even asked him to develope a multi caliber Colt ala the Meduza, which Roger developed and currently markets. But Stilwa was in charge as CEO and could mess up a wet dream. Stilwa, by the way, had never even owned a gun personally prior to becoming CEO of Colt. He had spent his life working within the federal government. His last gig was with NASA before going to Colt. It became common practice for Rodger to complete a series of revolvers and ready them for shipping only to have Colt call and tell him to tear them back down and use the parts to build other models. Exasperating to be sure.
Roger, whom I've been friends with for years and at that point in history talked with practically daily, is meticulous when it comes to building guns.....when left alone to do that. (Even though few people are familiar with Phillips and Rogers in the gun world they produce some beautiful custom guns out of their shop, which for all intents and purposes is a "skunk works". At P&R nothing is simply a production piece. Everthing is either perfect or it does not leave the shop.)
Roger was consulting with me about redesigning the grip/grip frame on the Anaconda, which people were complaining about, in my little shop when Colt decided to go out of the revolver business.
Colt did not sell us out as Smith and Wesson did. They were not as responsive to customer complaints as they should have been. But at the time all of the turmoil was due to mismanagement coming from the very top of the company. Now that Stilwa is gone and they are getting back into the market I will be surprised if the quality that Colt was once known for in the old days is not there. Especially if some or all of their revovlers are being built by a little known skunk works shop hidden in rural Texas.