When you ask the question, "Is the Ruger #1 worth it?", you leave open the question of your intended objective for the rifle. I am absolutely in love with the beauty, simplicity, and shotgun like handling qualities of this rifle. IMO, the Ruger #1A is one of the finest carry rifles made. It is a pleasure to carry and shoot.
However, if you intend to use it as a dedicated long range rifle, you will likely be disappointed. For hunting at "normal" ranges out to 300 yards, perhaps a bit more, the #1 is a fine rifle. It is not the arm to choose if you dream of taking game or winning matches at 1000 yards.
Any instrument, no matter how fine, must be understood within its intended function and inherent design strengths and limitations. My #1A in 7x57 is a delightful conventional hunting rifle. It will one day travel to Africa with me. I will never try to use it as a sniper rifle, though.