You're looking at the Champion and, if new, it comes with a dual captured recoil spring. Older models at one time had a single spring setup. As per Springfield, the dual captured recoil springs will last considerably longer than a single spring setup.
As to being 100% out of the box, no matter what make of pistol you buy, there are no guarantees. So, buying from a company that has a good reputation for customer service is important. Springfield (along with Smith, Dan Wesson & STI) have good reputations.
I had a LW Champion and it was a great pistol after some initial teething problems. I sent it back because there was a problem with the plunger tube assembly (slide stop/thumb safety) and it had a 10.5# trigger pull. It also had occasional three point jams. Part of the jam problem was due to the design of the 200gr SWC I was using. The other was due to too much tension on the extractor and this seems like a problem that's common to lots of 1911's. I still had feed problems (although considerably fewer) when the pistol was returned from Springfield but changed bullet design (Lyman 200gr SWC) and lessened extractor tension and it was 100% after that. The turn around time and C.S. from Springfield was outstanding and they pay freight both ways.
I sold the pistol due to the way it was shaped at the trigger guard/grip intersection and bought a Dan Wesson CBOB which has an "upcut" in this area and a higher cut grip safety. STI Trojan's also have this feature and, due to some "hand problems" these two pistols are more comfortable for me. These features also allow a little higher grip which I find to be an advantage. Had I owned the stainless version of the Champion, I would have milled a relief on the trigger guard and kept the pistol. But, due to my Champ having an aluminum frame, I would have had to send it back and had Springfield make the change and it was cheaper to sell the Champ and buy a CBOB.
The stainless Champion is a good looking pistol and I like the 4 to 4 1/4" barreled 1911's. I think you'd be happy with the pistol. But, if you can pry loose some more bucks, you might look at the CBOB (or STI) as the quality/fit & finish is better. The CBOB has a "G.I" guide rod setup and I do like this feature. (The STI shorter barrel 1911 comes with a dual spring setup, the 5" Trojan, with a single spring/full length guide rod). I like being able to change spring rates easily (for shooting reduced loads), so the G.I. spring setup gets the nod for this.
