Uh, no , Brad. Some do a great job, others, not so much.
The only legitimate improvements have been minor ergonomic things like the beavertail grip
safety and commander hammer, better front and rear sights. Frankly, the original milspec
safety works perfectly for me, and the Colt Mark IV is also perfect for most of us. A long
trigger with a stop suits me slightly better than the standard short trigger, but not a huge
deal.
Magazine 'improvements are questionable whether they are better, a wash or harmful
for most ammo. For H&G 130 loads, I can see needing the early release, but for almost
everything else, not so much, and the parallel lips are proof that the design is a lot more
forgiving of out of spec mags than we have any right to expect.
I have a box stock Ithaca milsurp 1911 that had a slight pitted original bbl, so I
dropped a Colt commercial MK IV bbl into it, zero fitting, just swapped parts. Later I
added a front night sight. Frankly, if that was the only 1911 I could ever have, I'd
be happy with it as a self defense tool. When I first got it, NO changes and with
Evensville WW2 surplus ball I put the first 5 rounds into about 3" at 15 yds. I don't know what
else you might need from an actual military fighting handgun.
Bill