I have to say that I love IS even for shots with high shutter speed. I use it for manual focus via live view, with the 10x magnification. Its easier to find the exact focus plane at 135 on my kits lens than my 50 1.8 this way.
I don't know, maybe some techie or pro can tell me this is a bad way to shoot for some reason, and if it's a good one I'll switch methods. But when shooting a headshot with IS i can zoom to 10x and set that focus center RIGHT on the eye. Or choose which flower in a field i want sharpest.
That being said, I can't imagine that method working for sports.....at all. 
Ask yourself when looking at your own shots which is currently more important to your work; focal length or aperture. Do you need to be "closer", or do you need more light in your shot? Both very vague terms, but i think it's a good way for you to compare lenses in this case. Ask the simple question to avoid all the technical details floating around; helps me!
I'm selling my steadicam to upgrade my glass, and I'm looking at 135l 2.0, the 100 2.8 Macro, and the 70-200 4 IS. Similar lenses for different purpose, but I find I always wanted to be "closer" in the shot.