IMHO, on a quality 1911 I don't think reliability is compromised, velocity difference is negligible and as for accuracy, target below was 3 shots from a 4" pistol at 7 yards, two hand hold.You'll have 25% more barrel going from a 4" to a 5" which could translate to more accuracy. And I second the above comment about reliability. As far as cc, most of my attention goes to keeping the butt from printing, so the barrel length isn't really an issue for me with regard to concealability - I prefer a full sized pistol.