First off, the Touring is only $1,235 more, not $1,500. Or are we talking Canadian?
Second, the side airbags are available as a separate $245 option. On the sedan you don't need the Touring to get them.
Third, my price comparison site assigns a $1950 total value to the features in the Touring, so the $1,235 looks like a very good deal, as others have said.
To see a value analysis of option packages on my site, price a single model (i.e. don't do a comparison) then select the features you're interested in. The program automatically selects the packages then at the bottom of the results page tabulates the values of the features you asked for and those you didn't ask for.