So why is the 200-400 priced to high? It's price right between the 500 and 600.
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The price seems about right since it's 560mm with the built in 1.4x, when compared in this fashion. Then if you take into account that it can quickly be switched from 560mm to 200mm or anything in between it seems like a bargain compared to the primes.
I'd love to own this lens for it's versatility (would be perfect for my varied used of telephotos) but it's price and weight(for what I'd mostly use it for) are to high for me. I'll likely rent one of these if/when I go on safari, but for my normal shooting I'll stick with my 70-200, 300 f2.8(I'll be picking up in the next week or so) and TC's. I'll also be looking at what the new 100-400 II will bring tot he table in the future as it will likely be priced within my budget.