If you think they were counting on using red thread locker to hold the sight in place it sounds like the dovetail on the sight is undersized. I'm not sure how to fix that without adding material. Possibly some JB Weld and reinstall the sight with some careful fitting, but I'm not sure.
If you decide to go the new sight route, I have a gold bead on my 1911 Colt Competition and brass beads on my Ruger Blackhawk and Single Six. Love 'em all. One caveat, they work great for me outdoors, inside is dependent on where the light source is to illuminate the bead. If it's too indirect, the front sight just looks like a black post to these late 50 something eyes. YMMV
If you decide to go the new sight route, I have a gold bead on my 1911 Colt Competition and brass beads on my Ruger Blackhawk and Single Six. Love 'em all. One caveat, they work great for me outdoors, inside is dependent on where the light source is to illuminate the bead. If it's too indirect, the front sight just looks like a black post to these late 50 something eyes. YMMV