Paints-n-cows: I've been looking at the new S&W1911SCs to replace my very old lightweight Colt Commander. I specifically wanted a 4.25" bbl replacement for what I currently have and the Colt you reference has a 5" bbl.
I decided, a while back, to move on away from the Colts. There really isn't anything special about them, they are trying to maintain their place in the firearms industry but they overprice their product and the last time I tried getting any service from them I felt like I was in the company urinal trying to get my umbrella open. I still have a Python that I consider marginal for use because it needed servicing, 20 years ago, and I couldn't get it serviced by the manufacurer. Since then Colt has gone bankrupt a couple of times, is partially owned by a unfriendly-gun state (Conn), dropped most of its revolver and semi-auto line, and stays afloat on the black rifle.
Smith and Wesson has improved their quality and expanded their line. Their product is as good if not better than any. I have Colts laying around the house but that's only 'cause that was all there was when I bought it. A Smith and Wesson won't go wrong on ya, and neither will a Colt but I prefer the S&W. Mikey.