I think it depends on how you use your boat vs what the cost is. I got it. Here's why...
There are two dealers in the Bay Area & Sacramento. The closest is 60 miles away from home, so it's 3 hours round trip. I also typically take the boat to a lake for a long weekend, then it goes into Lake Tahoe (which is 2+ hours away from the closest dealer) for 12 weeks in the summer, and then goes for a week long trip to Lake Shasta. The best time for me to get warranty work done is at the end of the season as it'd be a tremendous PITA to do it during the season. In the case of Tahoe, for example, that'd mean taking it out of the lake, cleaning it, dragging it back down to the dealer 100 miles away, and then hauling it back up a 7400 foot pass to the lake. And if the dealer 'water tested' it for any reason, that'd be another mussel inspection to the fune of about $125. Big PITA.
With a 1-year warranty, I'd also be in a position to get something fixed, and by the time I really have an opportunity to ensure it is correct, I'd be out of warranty. For the first two seasons on the 242x, I had warranty claims on it (nothing serious but still claims) none-the-less.
Now, if I lived in an area where the dealer was closer, it may be a different decision for me....