Why is the canon 50mm f1.2 going to be "so" expensive, well lets look and see what B&H sell other L primes for
14mm 2.8 ...............$1800
24mm 1.4 ...............$1120
35mm 1.4 ...............$1135
85mm 1.2 ...............$2100
135mm 2.0 ..............$900
180mm 3.5 macro ....$1240
Why have they created the 50mm f1.2, because we have been asking for a replacement to the 50mm 1.0 and an L version of the 50mm 1.4. How many will they sell, well not a huge amount, some for the full frame owners and some for the 1.6/1.3 group. So for the R+D, wages, materials, shipping etc, take off the numebr sold at such and such price and make sure you make a profit after all that is what canon are there to do.
You asked for it, canon have set the initial retail price now its up to you. You either want it or not, if you do put your cash on the table if not then either make do with the 50 1.4/1.8 or wait till the price comes down in 6 months or so. Looking at the prices above I think its priced roughly where I would expect it to be.
At the end of the day it's an L, they arent supposed to be cheap. They are supposed to be exceptional, sharp, high contrast, good colour, low CA, negligable barrel/pincushoning. So pay your money and take your choice.
Whatever happens enjoy your photography.
All the best
BearSummer




