As much as I agree that the Norinco 1911's are fantastic value for the dollar, and very functional, I wouldn't want to give the impression that money spent on higher grade guns is wasted.
When you go up to better production (not handfitted) guns, Colt, S&W, Kimber, they are built to tighter tolerances. This generally provides better accuracy, but sometimes need a break in period to run reliably. You pay about 4x the Norinco price for the better fit and finnish.
When you go up from there, to the semi-custom guns (mostly handfit) like Les Baer, and Dan Wesson, your tolerances are even tighter. The triggers are noticeably better. Guns can have match barrels. Accuracy is usually excellent. Finishes are beautiful and usually tough. The extra hand fitting costs though, and your up to about 8x the cost of the Norinco. But most run really smooth, and the extra quality is obvious.
Then you go to the totally handfit guns like Wilson Combat or Nighthawk Custom. The fit and smoothness are truly impressive. No break in required. Incredibly reliable, always accurate. The handfitting guaranties function that you just can't get any other way. And you pay about 13x the cost of a Norinco 1911.
To me, the money spent on higher end 1911's isn't wasted. They are much better guns, but up to the buyer to decide if they need the extra quality enough to justify the serious upgrade in price.
So the Norinco 1911's offer a tough, functional gun, at a bargain basement price. Nowhere near the nicest gun, but impressive for the price. And best of all is it gets people into the 1911 platform that otherwise wouldn't.