Yes, that is correct for some of the new models like the 1.7s. Actually, I found a great deal on a pr of 1.6qrs at Echo Hifi in Portland. Like new $825! These sold for $1900 new. This speaker uses a planar mid-bass driver and a quasi-ribbon tweeter. I owned the original Magnepans in 1979, in college! They were pure planar. There are some awesome mods for these - see the Magnestand mods review on Positive-Feedback. I will likely at least do the crossover mod.
How about Magnepan build a qr headphone! How cool would that be?
You could purchase a pair of these, find a way to suspend them over your head.....and find the highest wattage amp into 4 ohms you can get your hands on: