It's well recieved, and the FMJ version is incredibly reliable in a 1911 platform. When I get off campus and can own a firearm, my first one will be a 1911.
You should consider what your needs are. Do you intend to conceal carry? Home defense? There are many factors that need to be considered when choosing a frame and caliber. Hand size, recoil control, single action vs. double action, etc. A full-size 1911 is a large framed, single-action handgun. It is designed to be carried cocked and locked, with the hammer back and the safety on. Some people aren't comfortable with this mode of carry, and for them I would recommend a DAO model such as a Glock. Home defense is better accomplished with a shotgun, such as a Remington 870 Police Model. The way I was told to put it was: "When it comes to home defense, your handgun is designed to get you to your shotgun."
The best way to figure out what you want is to get out on the range, rent or borrow a gun, and shoot it. Then rent or borrow another gun, and shoot that. Caliber is secondary to comfort.
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