My Father shoots a $750 Springfield range officer. After you spend maybe 50 to get a decent trigger job it is a very nice gun and goes to your point that very nice 1911's can be had for well below 1500.
I'm lucky and have a Les Baer Premier 2 (about 1900 now I think if you shop around). The extra money takes you to a whole nuther level of tight tolerances and quality components, downsides are that break in takes a bit longer, if you want to play with different components (I went to a flat trigger recently and have played with different mainspring housings & etc) it seems like fitting is always more of a pain than it should be, and I don't know that I will ever be able to work on the gun without using the bushing wrench. Whether paying beyond $1500 for a better built gun was "flushing money down the toilet" or not is up to the individual I guess, personally I would buy the same gun again.
Exactly. My Springers all run very well and group right with my ability's.
The bushing wrench issue can be rectified but I run them tight as well. It will help accuracy if you have the skills to push the gun.
I do not see money spent on something you desire as a waste if you have the discretionary funds. $1500 will get you into a nice 1911. This is my self imposed ceiling on spending. Springer TRP and a TRophy Match under my spending cap. Both are perfect for my needs.
Do I want a Wilson/Brown/Baere....well of course I do. Do I need one to improve my skills....No....but I still want one.....