I have owned three Paras, a P14 LDA, a P14 SS and a P-10 (like the Warthog)
One day while I had a Para apart I measured the distance between the slide rails, front& back- Funny but I got two different numbers! That isn't how an expensive gun should be made! After I got rid of my Para's I ponied up the almost $2,000 and bought an STI Edge 2011- That is a real gun! 15 round magazines and I can really hit what I'm aiming for with it, after that I bought a Kimber Ultra Ten II, the Kimber cost $550, has a 3" barrel and holds ten rounds. Like BIPOD said, the finish doesn't get rusty on the Kimber either like it did every time I put the Para P-10 in my pocket!
I'm sure there are plenty of people out there who like their Para's, I have certainly heard plenty of bad stuff about Kimber, just never have experienced any. I don't believe I have ever heard anything bad about STI (except the price!)
I sell guns and I have heard plenty of good things about the Rock Island Armory 1911's, and from guys who will buy three and four of them. From my experience with 1911's it really wasn't the amount of money spent that made it a great gun, it was getting a well-made one, and I think that will take luck or experience!