You can get 2 Rock Island 1911's for that price, and they come from a proven production line, no bugs to work out, and 8 round mags.
Oh yeah, they aren't the "cheap" model either.
I looked at several Rock Island guns when I was up at J&G Sales purchasing some AK-47's a while back. They are what they are, a rough cut $400.00 pistol. You can't put them into the $1,000.00+ class guns. The edges were very sharp, and the metal work was rough and crude, with tool marks too numerous to mention. The cost in metal work is in the finishing. Regardless if you're making guns or frying pans. The higher degree of fit and finish, the more the gun will cost. The process of manufacturing a 1911 is the same for Les Baer as it is for Rock Island. One is crudely banged out in the Philippines by what amounts to under paid slave labor, while the other is painstakingly hand finished and fitted here by skilled craftsman and pistolsmiths. The cost of the weapons reflect that. No more, no less.
I'm not slamming the Rock Island guns. You may get a good one, or you may not. It is much the same with Taurus, but a little less so. That is because of the manufacturing process, along with what it involves, more so than where that process takes place. Bill T.