Its the lens. The 50/1.8II is a slower AF motor, loud too.
The 50/1.4 USM is faster than the 1.8II by a bunch. But its nowhere near the speed of the 70-200's. The ring USM drives are the motors that won't slow down AI Servo.
One thing you can try instead of MF which works for me, especially when I use a 2X TC. Is switch from AI SERVO to ONE SHOT focus, while using High Speed Continuous. That way the AF system only locks focus for the first shot, and then doesn't move the focus as long as you keep firing... all the way thru the buffer (17 shots on my 40D).
Of all my lenses, the EF70-200 f/4L IS USM is the only lens that can keep up to full framerate while in AI SERVO (have yet to test the 100mm f/2.8 Macro USM, in this respect so that one might be able to as well).
-Alan

