Canon EF 50 mm F1.2L USM lens

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Pre-Photokina 2006: The second Canon lens announcement is the very interesting looking EF 50 mm F1.2L USM, it features a fast focusing ring-type Ultrasonic Motor, aspherical lebs element, circular aperture diaphragm and L-series construction. This lens should be available in November for $1600 (US).

http://www.dpreview.com/news/0608/06082415canon50f12lens.asp