although i'm a toyota nut, this kind of argument is silly.
First of all, Ford made a production desert runner. Not Toyota.
They come stock with FOX racing shocks, LT suspension and 6.2L grunt. Not Toyota. Ford developed this product into a genuine performace offroad star that comes with a full factory warranty.
For what they did, the price is more than fair. If you want a genuine production exotic truck, this is it.
As for the warranty, Ford specifically passed durability tests for the Raptor so it could offer the warranty.
Can you run Baja1000 and bring it back broken to have it covered? Probably not, but no factory warranty covers Hummer, Jeep, Dodge nor does a factory warranty cover track abused Vettes, Lambos or Vipers either.
It's a great truck. Ford is proud of it and rightly so. I wish more truck companies would develop production trucks for enthusiasts.
It's like Ford hired a group of US (you and me) to go play in R&D and make the ultimate F150.
What has Toyota done for you lately? Lots of good SEMA candy, nothing on the showroom floor.