"Crop factor" is not something that you can add to or remove from a lens.
I understand (without going and reading) that "crop factor" is a term refering to how by using a smaller sensor (APS-C) than a standard FF sensor you end up with a longer effective focal length. But I disagree with your statement. By changing the optics of a lens so that it directs a smaller image circle, you have effectively made that lens a "crop factor" lens.
That is the best you'll ever get because there is no point, people want White lenses not over priced EFs digital only lenses
So why did Canon make the 17-55 EF-S? Is this not an overpriced EF-S lens? I know the
argument for this lens is that a "high quality wide angle zoom" was needed. But I'll turn that back around and say, that if they could make a cheaper fast aperture zoom for APS-C format cameras, I think it would sell fine.
cjm - by looking at your listed lenses you seem to be an L coholic. I don't think everyone wants to spend that kind of money on their lens collections, so I would disagree with your statement. I wish I had the kind of money that is tied up in your collection, but I don't. And as it is, I have made the decision to buy only FF compatible lenses. So for me this whole thread is just conjecture and contemplation.
I still think my point is valid, but let me now rephrase it with better wording because people here seme to be obsessed with terminology rather that understanding the spirit of the discussion.
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If I were to take a lens designed for a full frame camera and were able to modify the internal optics such that it projected a smaller image circle that was APS-C format compatible, you should be able to get a lens that would have a faster/bigger aperture (lower f-stop number) while maintaining the exact same atual field of view when projected on the sensor. This means in practicality that the tele lens would not gain the 1.6X gain in focal length increase that we are used to on APS-C sensor cameras.
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As a side note, I understand that we can't magically "get more light" out of a lens. But by redirecting the amount of light needed for a larger format's sensor are down to a smaller area means more concentration of the light.