I was looking at Nighthawk Custom and Wilson Combat. What makes these 1911s so pricey? Are they any better than what you would find from S & W or Kimber?
As the others have already said, YES!
But, that depends on what you intend to use it for. The reason to buy the expensive custom gun is for competition use. I use mine for Bullseye, which requires 50 yard accuracy.
If the intent primarily defensive in the 7-10 yard range, then no, you are wasting your money. Most any pistol will have adequate accuracy at that distance.
I don't have a S&W, but do have a Kimber Supermatch. It is very accurate, but it is actually more expensive than some custom guns, which surprised me.
Some of the custom makers have "Hardball" models, which are designed for DCM service matches. The rules require a near - service pistol, without all the "extras" like mag wells, beaver tails, ambidextrous safeties, etc.
If you are interested in custom, this is the one to get. They are every bit as accurate as the high-end wadcutter guns, but you aren't paying for all the extra junk.
The last gun I got is a hardball gun, it was less expensive than my Kimber, and is a better gun. It is made from all tool-steel parts (no MIM), is a pure 1911A1 design (no Swartz safety), and doesn't have all the junk, which I prefer.
It is also absolutely reliable. I've had it for close to 2 years now, have put several 1000 rounds through it, and it has had no malfunctions of any kind.
A 1911 doesn't have to be loose to be reliable, it has to be built correctly.