Smith and Wesson 1911

yes, pick up an E series. They are quality guns

I have an E series stainless tactical model w/rail (in my avatar) but I can honestly say the Ruger SR1911 is a better value. The external extractor will probably have a longer service life than the internal design (mine has always extracted fine) but overall the Ruger is a better buy. Then again, if you like a busier slide with the fish scale serrations (the best serrations out there, in my opinion) the Smith might be a better buy.

Here's a review of the Ruger I did and I compare it some to my S&W: LINK

You can always solve the ammo issue with 10 round CMC mags. They extend out the grip slightly but are well known for their reliability.