You posted while I was composing my last message [img]/emoticons/emotion-2.gif[/img]....there are a number of ways to describe "35 mm equivalent." In short, people try to normalize the field of view of all the different sensor sizes to "35 mm" or full frame (FF). So, your and my camerashave "1.6 crop" sensors, so simply multiple the focal length by 1.6 to get the "35 mm equivalent" focal length. For example, 15 mm on a 1.6 crop sensor gives you a field of view of ~83 degrees, the same FOV you have at 24 mm on a camera with a FF sensor (15 x 1.6 =24). So crop sensor cameras are best for telephoto use because the same lens always has more magnification. But, conversely, FF cameras tend to be better for landscapes because at equivalent focal lengths they see a "wider" angle. If you still have a question, there are several web resources including here
http://en.wikipedia.org/wiki/Crop_factor.
Those are likely completely different lenses at best buy. Currently, you can buy three different 70-200 f/2.8 L lenses from Canon:the 70-200 f/2.8 L, 70-200 f/2.8
IS L, and the 70-200 f/2.8
IS II L. Last time I checked, these lenses were going for ~$1,300, ~$1,800, and ~$2,200, respectively. BH, Adorama and Amazon do a good job of distinguishing between the lenses.