This is very cool to watch. Thanks for sharing. I'm thinking about buying my first 1911 style soon and it's interesting to see how someone can build their own.
If you're looking to put one together for the first time you can order all the options you want (machining) pre-done and if you have things like the plunger tube, grip screw bushing, and ejector already installed then it eliminates a lot of the need for specialty tools. You can get trigger kits that are pretty much ready to go so you don't need hammer/sear jigs etc. The most you will need is some good quality files and lots of sandpaper and a good dremel helps as long as you don't go crazy with it. A lot of the specialty files though like dovetail sight files and such can be a little pricey but last a long time. My 65 degree dovetail file is the first one I ever had so its very old and I just recently feel like it's going to need replaced, same with some checkering files.