A friend had an X Lite Ti frame (same Raleigh frame in a shotblast finish)crack in the very same way in the very same place (back in 2003 ish I think). He got it properly welded and I think it is still going (but has since cracked elsewhere). So it has not been hacksawed!
The early Ti Raleigh welded frames had a habit of cracking in strange places. I know two fairly lightweight women who both had the wishbone seatstay crack (in the middle of the wishbone strut).
The later (painted) ones they got as warranty replacement seemed to be OK.
I think the Raleigh ones had a lifetime warranty (X lite was only 1 year), but not a clue what they would change it for. Paul Hewitt cycles can also do Ti weld repairs (with argon back-purge).