It look an awful lot like the Firestorm .45 I have. I picked it up at a pawnshop unfired still in it's box for $175, Tutone finish. I am actualy surprised by how well it works, I bought it on a whim and didn't expect much from it, but it shoots OK, and has never really jammed on me. I wouldn't trust it with my life, but that is not what I bought it for. As a matter of fact the only jam I have ever had with it was using it's factory mag the first time I took it to the range, I pitched the junk mag and bought a half dozen GI mags for six buck each and it has never given me any more trouble. I have recently picked up a springfield, and so far don't really like the springfield any better. I have no idea how close it is (the Firestorm) to GI specs, but it seems very similar to the Springfield. For the price I adore mine, but I have heard many complaints from others, and in the end I ended up buying the Springfield so that I would have a "real 1911".
Edited to add: I just fired my Firestorm (which I am certain is made by these same folks) out in teh yard to scare off a stray cat (no felines were harmed or palced in jeopardy, just made some noise), it worked fine.