You really should deduct the $230 Club Dues from the total because it's not part of the MFs. It's really $1986.11.
It's obviously still very high, but you made it look like it's as high as the 2BR Deluxe, and it's not quite as high. For perspective, I expect the 1BR Premium Gold to be worth about 2000 points (based on some very educated calculations I ran) so that's $1/point in MFs and won't be attractive on the resale market for someone intending to enroll it. And, as you said, it's also very high on $/SO basis.
With fees of $2000 for large 1BR units and $3600 for 2BR lockoffs, it's getting painful for many owners. We still get good value for the 2BR Deluxe, but those are just a handful of units in Phase 2 that were split from 3BR units and sold separately. Even so, there are a couple of those 2BR Deluxe units in Platinum and Gold seasons offered on RedWeek for free, which is very surprising to me. Those still rent reliably at around $1500 over MFs and therefore I'd expect them to be worth around $6k-$8K (with 4-5 year payback, which is attractive). Could be highly distressed sales from a bad financial situation or inheritance, but if those units have also hit rock bottom, the situation is bad in general. I think the 3BR units in Phase II also still offer decent value given that you can rent the small 1BR side or the 2BR side. But if most owners are feeling the pinch, it's not good for anyone else either. If owners start defaulting, the rest end up footing the bill.