Ya it is. In my hands it shoots just as good as either one of my 2009 gold cups and they have low profile neon night sights front and back. Plus iv spent alot of time laying the hammer pull and triggers back on the GCS's. The triggers break at 3.5 lbs exactly which is pretty dang awesome.
Get a Colt LW Commander. It will serve you for a lifetime. The commander size is the best of both worlds. With it's 4.25" barrel it retains accuracy yet provides a better carry package for concealment.
Have you looked up STI 1911's? I have read nothing but good things over on GT 1911 forum. I got the chance to hold one and they are built like a 1500 dollar 1911. You can buy a few for less then thousand. You could put them in the semi custom class. Or you can check out No name 1911, same deal as above.
I am also a new fan of the 1911 platform. I am leaning very heavily toward Ruger's offering in this class as I have 2 Ruger pistols with several thousand hiccup free rounds through each and my dad's lil' .22 Ruger went over 8k rounds hiccup free before its first cleaning! All this plus I think it is a beautiful looking gun... Almost as perty as Canebrake's wife... err.. umm...