Greenhorse six
CGN Ultra frequent flyer
WilsonCombat modified or built race or stock competition guns from base Colts, Springfield Armories and Norincos. They stopped working on Norkies, from what I have read and heard, because the hardness of the 5000 series steel used in Norks would wear out their tools and cutters fast, resulting in high costs to replace the tools and labor to set them up.
IMO, they are perfect for a first 1911, if you can look beyond the poor finish. Read up on ARMCO tuned Norkie 1911s and you'll find many satisfied shooters.
Alternatively, you can look for the Police or Sport Model because IMO they already have the minimum "parts" for a good, functional shooter (beavertail, novak style sights, slide top rib). Get a trigger job or just shoot the heck out of it. The trigger will get smoother and lighter, but probably not crisper, over a couple thousand rounds. Some shooters install a Wolff mainspring for instant trigger improvement. When you become quite proficient with your Nork, a match barrel might be a good upgrade.
You ask if you should stay away until you can afford a good one (1911).
Truth is, the Nork 1911 is a good one box stock. The ARMCO tuned Nork about 100 bucks more, is a very good one.
You're right on the money with every thing,but why the big custom U.S.gun smiths stop working on Norcs,they are made of a harder and some think better steel [you can feel the weight difference between a norinco and other 1911s] , and that does wear out tooling quicker, but they stop working on them cause they can't get them any more,read "import ban".