I've handled and shot a few TRPs, they are without a doubt one of my favorite 1911s from the 2nd Tier of manufacturers. I will say that if the $1400ish price tag of a TRP doesn't frighten you, take a look at Dan Wesson as well.
As for the TRP, to say that one gun will perform exactly the same as another would be a falsehood. I will say that the TRPs I have shot have shot WWB and Speer well, then again I've never had a 1911 choke on 230gr FMJ. Reliability is another sticky issue. No faults out of ____ rounds fired can either tell you everything or nothing. If anyone uses a round count less than 1K to "prove reliability"... laugh at them. Shooting 100 rds in an hour or so once a month for three months without issue is not a good method of proving reliability. You need to run the gun hot, get it dirty and keep shooting. 600rds in the course of two days is a little better. 500-1000 in one sitting is better yet. All this "I've shot this many rounds with out an issue" only proves that they've shot that many rounds without an issue. Eventually all guns will have issues, mainly due to user neglect or shooter error. Limp wristing, not replacing springs, not cleaning the extractor/extractor channel etc.
Now that being said, I have not often (if ever) heard of a TRP being a jam-o-matic or needing some mystical break in process to make it run right.
If you go with the TRP, I doubt you'll be upset, but be advised that the 20 or 25 LPI checkering on the front strap is thought by some to be too abrasive.