In the sense that it's not easy to machine, I suppose that's true. But again, I remember it being tough and requiring a lot of power to cut, not that it's hard. The maximum hardness you can get with titanium alloys, IIRC, is in the range of Rc 40.
I'm sure there's good info on machining it around the Web. I just haven't looked. The public-transportation guys have been keeping me busy. d8-)
-- Ed Huntress