Tom Reichner wrote in post #16321266
One thing to keep in mind is that in a couple years Canon will no longer service the version 1. Once the current stock of parts runs out, that's it - no more service. That alone would make me choose the new version, if I were in your position.
A salient point I suppose, but that is still at least some time off as you said, and at this point you could buy a used 500 version I, drop it in the ocean, and buy another one and still be almost even on what a new one costs. I am sure given the popularity of the lens, third party shops like Mid State and Midwest camera will buy up plenty of parts and continue to service the lens for decades as well.