Great shot, but as Roy pointed out the real issue is how well the 40D does beyond the 5.6 limit. It is good to hear from 1 user, but i was hoping others could share actual experience with the combo. The reason I is that I am on the fence with the 40D vs. 1Dm2, and if the 40D could get the extra reach then I think it will be worth saving myself some cash and getting the 40D. That is, the 1dm2 can take a 1.4TC with the 400/5.6 just fine, but gives almost the same FOV as the 40D +400 without the TC - making it a "tie" in terms of reach.
Current: 5DM3, 6D, 8mm fish, 24-105/4IS, 35/2IS, 70-200/2.8IS, 85/1.8, 100-400/IS v1, lensbaby composer with edge 80, 580's and AB800's
Formerly: 80D, 7D, 300D, 5D, 5DM2, 20D, 50D, 1DM2, 17-55IS, 24-70/2.8, 28-135IS, 40/2.8, 50/1.8, 50/1.4, 70-200/4IS, 70-300IS, 70-200/2.8, 100 macro, 400/5.6, tammy 17-50 and 28-75, sigma 50 macro & 100-300