I just picked up a 40mm f/2.8 STM to go with my 5D because a) I wanted a lighter lens for street photography than the 50L, b) love the 40mm focal length especially after a month of shooting with the Lumix 20mm f/1.7 II on M4/3, and c) the lens is so affordable that there was no reason to not buy it.
Holy smokes. I'm SO IMPRESSED. This lens is crazy! It's sharper than every L lens I've owned (with the possible exception of the 135L at equivalent apertures but even then I'm not sure), and it's on par with my bro's Sigma 50 1.4 Art, which is one of the sharpest AF lenses I've ever seen. Corner sharpness is very good too, and since most of my landscapes are shot at 40mm this will likely become a new go-to landscape lens. Bokeh is nice, and while AF is not the fastest, it nails focus every time. Price is only marginally higher than the nifty fifty but build and optics are light years ahead.
So if you've been thinking about this lens, go for it. It'll make your Canon DSLR much lighter, and optically it's one of the best. In terms of value for money I don't think there's much out there that comes close.
I can't wait to get out there and shoot with this thing. Good things really do come in small packages.

? let's get a follow up in about six months if you still have the lens
you'll get your update. Sharpness isn't everything but this thing is noticeably sharper than the 50L and 24-105L by some margin, as well as the 85L wide open but not sure about equivalent apertures (I sold the 85L because it was too big, even though it was once my favorite lens).
