$800 for...that? Kinda...meh.
The undercut triggerguard--you can see it above--is kinda interesting if your hand needs one. It'd be a very expensive option to add to a gun after the fact.
And the sights are not bad if you intend on holstering it. They're adjustable, but unlike a larger, flat target rear, it won't cut the living hell out of your hand if you bump into it with the gun holstered. Changing the rear sight can range from "not hard but a little pricey" to a job for a gunsmith and a file.
Everything else on it is "meh" to "gross". I really don't like the dual-spring "recoil system". I'd prefer a traditional single recoil spring to keep the barrel locked up as long as possible. I'm also not wild about the magazine. If you're going to call something "Competition", it should have a bumper-base magazine so the palm of my left hand isn't covered in blood blisters at the end of the day.
If you're not planning on shooting it from a holster, I think the Springfield Range Officer is much better, and should cost at least $100 less. Depending on local prices, you might be able to get one of the fancier versions.
OP--and I'm genuinely asking the question, because it matters--why do you want a 1911, and what do you want to do with it? There are
a lot of different models out there, many of them excellent. It's all about finding the one that has exactly the features you want.