The original guns did not have checkering on the front strap. When you see it on older guns it was a custom touch added by gunsmiths aftermarket. It was usually bullseye shooters who desired it. For the decades that Colt has made the 1911 it has not offered front strap checkering.
In 1996 Kimber began offering factory guns with checkering on the front strap along with a number of other touches normally considered aftermarket custom work. Other 1911 manufacturers followed suit and Colt began offering it on occasion on some special runs. But in general it does not do it much.
Whether you want it is a matter of taste.