Ruger was making New Army Dragoons 140 years after they came out. Do you consider a single-action black powder revolver to be safe and up-to-date just because it is still being made? How about CVA's Kentucky Long muskets? Those were first introduced 200+ years ago.
Just because something is old and yet still in production does not immediately make it mechanically incredible and superior to more modern choices. It just means it's marketable and has staying power.
Personally, piss on the 1911. I want a more modern design, something with better safety features, accuracy and reliability, not to mention firepower - like the Browning P-35 =)
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