Yes. Its worth whatever someone is willing to pay.
Seeing as how the SHBM can't seem to be touched for under $600, if you can get one at all. The LE at .320, Satin finish, 10" blade, and Mag Tiger Stripe handles, is an awesome blade for use or as a collector. Not to mention, a few years from now we will all be trying to get one and if you can pry one from someone I speculate that you won't be able to touch one for under $1000+.
Regarding the thickness of the handle, I've got a few HOGFSHs that have the standard handles that I wish I had gotten the Magnums since they fill out the hand better. I don't think that Jerry made his decision to configure the LE without some testing and evaluation and although it looks great, I'm positive that it will perform even better.