There's probably much more of a difference between a $500 1911 pistol and a $1000 model than there is between a $1000 one and a $2000 one.
Also, as with anything, "inexpensive" doesn't necessarily mean "cheap" - and vice-versa.
IF I were a 1911 guy, which I'm not, I'd be happy as a pig in poo with a Dan Wesson VBOB or CBOB.
-J-
Yes you would