Nice guns, I'd pick it up, if the fellow wasn't sniffing glue before pricing it. I find they command a pretty decent $$$ on the EE.
I've not one of these, but a couple of '92's; which are not that impressive mechanically. So I'd hope the New Service has some improvements over the early gen's, which logically it should. But logically and the late 19th century Colts are not always included in the same sentence.
Let us know if you pick it up then.
Review, pls.