f/2.8 isn't what you wan't for low light. You want f/1.4. Stabilization does nothing to help freeze action. For artists standing relatively still you can get away with 1/160 if you don't mind some motion blur in the extremities. For artists jumping around like maniacs you need 1/250 at least, and even then your keeper rate will be really low even if spraying at 8fps.
IMAGE LINK: http://www.flickr.com/photos/noahfence/8375822861/
Mitja Harvilahti
by
Nοah Fence
, on Flickr
1/250, f/1.4, ISO 5000. An f/2.8 zoom wouldn't have stood a chance.
24L II or 35L, take your pick. I'd go with the 24L.
The 17-55 is a big 'ol slow overpriced dust sucking piece of junk. Worst lens I ever owned. I actually returned my first one because it arrived full of dust brand new, and I thought there was something wrong with the zoom ring. Turns out it was actually just horrible build quality.