Well, after months of wanting one, I got a Rokkor 58mm f/1.2 from KEH yesterday and spent about 2 hours doing the mount conversion from Minolta MC to EOS (which is quite labor intensive.) I still have to do some more sanding of the aluminum shim, as I'm not quite to the point where I can hit infinity focus (I can only focus to about 35 feet right now, but another 20 minutes of work and I'll be at infinity, not that I'll use it there much). Still, this is one amazing lens. Got mine for $275 in EX condition, which is a steal (usually goes for $350-$400 on eBay). Especially considering it really rivals the 50L in image quality, if it's not even a little better. (Of course it doesn't have AF). Haven't had a chance to shoot outside...just a few shots around the house.
This lens is HEAVY. And it has incredible bokeh. Just some quick test snaps:
First, the lens, and the lens on my 30D:
Bokeh at f/1.2:
100% Crop at f/1.2 (different shot, but focused better):
Shot at f/2 - bokeh torture test....stopped down with a chandelier in the background - pretty good considering how incredibly busy the background is here:
100% crop of above:
I am pleased with wide open performance, though the DOF is SO thin that hitting focus exactly is going to be a challenge, I can see. At f/2 and beyond, it is VERY sharp, and still has nice, pleasing bokeh, so I can't complain!