While not exactly a hater I'm not a fan boy either. It was revolutionary for it time and parts of the design have been copied and reused but it's far from the best....unless you just like nostalgia. I own and shoot a 1911 but it's not something I want as the only gun. If people like shooting little holes from rest that's fine but I want one that needs absolutely no parts fitting and consistent parts quality. While both are 1911 a Shooters Arms and a Colt are far from the same. To me it's reliability and consistency above all else. I can swap frames, slides, and all other parts in my HKs and Glocks without fitting I want to see that with a 1911. When a 1911 are all made to the same standard and are loose enough to swap parts back and forth, or even new parts, that's when I'll consider it to be the best gun ever made.
Prior to the US entry into WW2 Colt held the contract for pistols (after WW1 when the 1911 was made by Colt, Remington-UMC, Springfield Armory, and North American Arms). Contracts for M1911A-1 pistols were let out to Colt, Remington Rand, Ithaca, Union Switch & Signal, and Singer. One of the most basic elements of these contracts was that every single part in every single pistol be completely interchangeable with every other pistol by every other maker.
It was only after the surge in custom gunsmithing of 1911 pistols from the 1960's to 1990's, as well as expiration of certain patent rights, that several companies started offering 1911-style pistols regularly. For the most part these offerings incorporated many of the enhancements in fitting and functioning that had been available only from custom makers for so many years. Now we have a dozen companies making 1911-style pistols, many of which would have failed in any reasonable application of the original military contracts. But those pistols are exactly what today's customers want.
I have over two dozen original 1911 and 1911A-1 US military pistols in my little collection. I have no doubt that each and every part is fully interchangeable, and each pistol would continue to function properly with just about any combination of parts that might be arranged.
I also have modern 1911-style pistols that incorporate numerous upgrades that enhance function and accuracy. I carry one of those daily and consider it to be one of the best standard production defensive handguns ever produced. But I doubt that many of its parts would be readily fitted to my 1914 Colt commercial model, 1918 Colt Black Army, or any of the M1911A-1's of WW2 manufacture by Colt, Remington Rand, Ithaca, or US&S.
From 1911 to about 1990, just about every US military unit relied on M1911-pattern pistols. Recently it was announced that the USMC has let a contract for new Colt pistols of 1911 pattern, more than 100 years after the introduction of the originals.
There is something to be said for tried and true designs.