You'd have to go a long way to beat my Fed Ord M1911A1. I bought this gun as a "do it yourself kit." It basically came as several hunks of metal with instructions to file away everything that doesn't look like an M1911A1.
After quite a bit of work -- and a lot of new parts to replace the poor quality of the original parts, I got a functioning M1911A1 except for one little problem -- the firing pin tunnel was off center. Firing pin hits were at the bottom edge of the primer. If they had been at the TOP, a longer link might have helped, but a shorter link would have left the gun with dangerously little locking lug engagement.
The only way to economically solve this problem was a new slide. That was just about the time Ciener brought out his .22 Conversion, so I ordered one, installed it -- and the gun has worn it ever since.
With a Chip McCormic prepped hammer, sear and trigger, it's a decent little plinker. Some day I'll pick up a cheap surplus slide, refinish it, and convert the gun back to .45. Maybe.