There are a number of solutions to adjusting the POI with fixed sights. Some are considerably more expensive than others. The sights on the Argie leaving a lot to be desired, as they are the mid-sized ones. Not as bad as the very early ones, but not nearly as visible as the later wide sights. Many like those fine for plinking; others hate them.
The front sight is staked on and can be removed by one who understands the process. You can buy another sight that will fit into the factory slot. There are a number of sight out there. Look in Brownell's catalogue. That may solve the problem.
However, if you are looking for a better solution, you may want to invest in a set of low mounted BoMar adjustable sights. They will be considerably more expensive and will require that the slide be milled to accomodate them properly; both front and rear. It is a very nice solution, especially for a variety of loads.
You can also have a number of low profile "combat" sights fitted to the slide, again requiring milling for a proper fit. Novak's come to mind as one of the more popular. They work well for loads that are developed for the point of impact.
The decision rests largely on the proposed use of the pistol, in my opinion and must be made by you. There is a ton of custom items for the 1911, and you just have to decide what you want.
dave clark