I have model 108282 .45 acp. It is one of the best values in 1911's on the market IMHO, and will shoot any ammo I put in it. I have several thousand rounds through mine and it has been terrific. I've owned a number of 1911's. This one is my favorite, and unless it is stolen will not be leaving the stable. It has some nice features not found on other brands in the same price range.
Some do not like the external extractor, but I kind of like it, especially since it works so well and has never caused a problem. I also like the sights, and the grip safety has the little knob on it that hits just right on the fleshy part of the hand to help assure that it disengages properly when the pistol is gripped. It does have the firing pin safety, but I like the design of the S&W lever type over the Kimber pin type. The front strap is grooved to provide a decent grip without it feeling like sandpaper, and the front of the slide is grooved for grasping from the underside in order to crack the slide and visually check the chamber for being loaded.
I have two observations to share with anyone wishing to buy this model (or any S&W 1911).
1. Get a few Wilson Combat mags. There are other good mags out there, yes. I just like the Wilsons. The stock ones that came with my S&W 1911 were not great, however.
2. Some of the S&W 1911's have triggers that rattle a bit. Mine did. They are adjusted for pull just fine, but the trigger is just a bit too short in height, and it sound a bit tinny with an aluminum trigger slapping around in a steel frame. This is an easy fix.
Brownells sells a LOT of 1911 parts. Look up part # 377-000-004 or 377-000-003. These are the short and medium length aluminum Greider Precision Match triggers. Less than $20.00
http://www.brownells.com/aspx/NS/sto...28&st=&s=44389
I prefer the "traditional" short length solid trigger (no holes) in a 1911. More room for my fat finger, and more positive trigger control for me. Your mileage may vary, obviously.
These triggers are sold a bit "oversize" in height. It's a simple gunsmithing operation to fit one, but if you are not familiar with doing it, you local gunsmith shouldn't charge very much.
It made a world of difference on mine.
I also put a set of S&W rosewood grips on it, although the stock plain-jane rubber ones that came with it are the thinnest I have found and are great from a functional point of view.
I'd buy another S&W 1911 in a heartbeat.