Actually I'm finding I'm in good company. I'm hearing these things have a habit of letting go around 1200 hours, mine has 1303. It's on a Scag mower, is set by a governor so it can't over rev, there really isn't any way it could be operator error. I wasn't running it, but my helper reported it went "BANG!" and just shut down. I was able to restart it, but it was clanking and running on one cylinder, then the stream of motor oil started running out the muffler.
Pulled a plug today and the end was destroyed and full of aluminum particles, that pretty much told the story. I'm pretty upset it let go at such low hours and with faithful servicing.