My advice is to stick with the 50 1.4. I tried the 50 1.2 and didnt care for it at all. The IQ was better than the 50 1.4 by just a tad up to f2 but after that the 50 1.4 was sharper and past 2.8 even the plastic fantastic 50 1.8 was sharper. The bokeh of the 1.2 and 1.4 isnt all that different and can only really be noticed if you have lights or other well lit round objects in the background,without these objects in the background its not too noticeable and is only pronounced when shot wide open . Other than that you cant really tell the difference. So if you plan to use it just to shoot at f2 or wider then It performs well. Personally while I find a narrow DOF pleasing on some images at the focal length I dont shoot with the aperture that narrow at that focal length very often. If you want a real winner go a little longer and get the 85 1.2L. For some reason Canon cant seem to get the 50L right. They failed miserably with the 50 1.0L and not doing any better with the 1.2 IMO. On the upswing if you do get it and it gets phased out as quickly as the 1.0 did it will be a collectable just due to rarity. I see more 50 1.2Ls get bought on used boards then resold in less than a week. Im guessing those folks liked the glass about as much as I did.