The IF keeps the front element from rotating so that graduated type filters don't have to be adjusted once they are set. I use a circular polarizer frequently, nice feature.
I think the "SP" is the label for Tamron's new "Super Performance" line up.
EDIT: Another advantage of the barrel not moving back and forth during focus is for "balance", I don't see where that feature is a big deal to me, maybe others though.
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