I would consider that price to be high, in general, understanding however that some Medfords go for that much. Some things to consider would be - Do you currently own any other Medford knives to where you are familiar with the brand? Have you ever been able to handle one in person at a local shop? What is the intended use?
I think something like the Praetorian, for the price you're looking at, might be a knife you would like to have in hand first to see if it's for you. For all of its size it still only has a 3.75" blade, which is long but not outsized. Most of the jimping on Medfords is often pretty sharp, so not always the most comfortable to cut with for extended periods. Also, at 12.4oz's it is a heavy knife to EDC in a regular pants pocket all the time, so application might be a real consideration. Seems like plenty of folks don't mind, but it also seems a lot of people buy this knife to check it out and then seek to sell it without actually carrying / using it a whole lot. I have not heard of any quality issues associated with the brand, though many carp at their warranty statement.
A consideration would be trying one of their just smaller Praetorians for almost half the price and deciding from there if Medfords are for you. I would also look into the sales forum here to see if you could find a similar full-sized for less. We all love knives a whole lot, so sinking that much into just one might find you wanting something else that's new in the near future but being out almost two thousand dollars with just the one, albeit potentially awesome knife to show for it.