If I had a stock basic GI I would do the following for a CCW gun. Add Novak style sights to eliminate sharp corners on the rear sight. (Night sights if needed) I would polish feed ramp with Dremel and jewelers rouge , not removing any material. IF not done I would throat the barrel for improved feeding with SWC.
Put a fitted trigger with over-travel adjustment. (long or short) I would have a crisp trigger 4-5 lbs . I would polish extractor groove if needed.
So many of the later guns (by various manufacturers)have many of these mods already done. Later guns have tighter tolerances on the barrel/slide/frame fits which makes fitted barrels unnecessary unless used in competition.
I would buy ammo and shoot it.
John Browning was a smart man but I don't believe he knew much about sights especially considering the 1911 sights. I don't know why he didn't come up with the overtravel adjustment and throating the barrel is not necessary with ball ammo. The polishing would have been done on the parts I mentioned above in the year 1911.