I am glad they are doing it, and I wish them luck.
On the other hand, if the action has the same design flaws as the new Python, then it will die a slow death.
Gun stores near me cannot give away the Pythons because of the terrible problem of the failure to advance the next charge hole with a DA pull of the trigger. There were other things (I do not include cosmetic issues, which are easier to correct), and Colt's fix for the failure to advance the next charge hole was, if I recall, tighten the sideplate screws tighter and use loctite so when they come loose the hand or pawl does not vibrate up and away from the ratchets. Or, something like that.
In any event, a Colt that I was truly excited about went off my radar as I do not trust their fix.
I know some of you will say, "don't buy one." You don't have to tell me that, as I already made that decision on my own. And yes, it leaves more for people who will buy anyway.
Personally, I like guns that actually fire when you pull the trigger.

Coming from a background that is not merely range fun, I value a gun that will fire every time and that I do not have to worry will not fire.
And, were I to buy the new Anaconda, I would prefer the four inch, which they have elected not to make. Apparently.
Perhaps CZ will have its engineers to take a fresh look at Colt's new and revised and defective revolver action. Sorry Colt revolver fans.
And just so you know, I grew up on Jeff Cooper, and have used the 1911 since the mid-70s, and so it is not like I am anti-Colt. I really do want them to do well. They are making the best 1911s they have ever made now, and I highly recommend them.
Sorry for the rant.