I own both. I bought mine gently used at a very good price off the Equipment Exchange. I doubt I would have bought one at full retail (largely because I am a cheap bastard).
Is it TWICE the gun of a loaded? Well, my loaded shoots great as well, so I'd say no. But it IS a very fine pistol. I use it as my primary shooter in a very competitive winter defensive pistol league, where it has done me very well.
The armory coat has stood up amazingly well to a lot of holster use and presentations, and I really like the magwell for fast mag changes and the 20LPI checkering-which is very aggressive. I've got maybe 2000 rounds through it now with only a few FTF with some out-of-spec cast reloads. It is fitted tighter than my loaded and is maybe a bit more accurate.
My OD green loaded has had the poop shot out of it and is my primary range and training pistol. I absolutely love this gun, maybe more than the TRP. Stone-cold reliable with good ammo.
The loaded Springer with NSs is a "best buy" in the 1911 market, in my opinion, and the TRP is a step up, no doubt.