Pål - Pentax made SMC Pentax 50/1.2 and SMC Pentax-A 50/1.2 lenses (I guess they are of the same optical design). The A-lens is not particularly good unless stopped down to about f:8. It's particularly bad wide open (useless if you ask me). However, the lens is absolutely beautifully built and gives an extremely bright viewfinder and is a joy to focus with. . .
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Yoshihiko Takinami - . . . A50/1.2 is an excellent performaer at f/8-11 with very high resolution and very good visual sharpness. Its visual sharpness at f/8-11 seems comparable to K55/1.8, or K55/2, at the same apertures in my own experiences.
Fred - I agree, Yoshihiko, but all of the A 50mm lenses seem to do very well at f/8-f/11 (and, in fact, this is where most lenses, of any variety, tend to do best). My testing (both for resolution figures as well as for "normal" photos) with the A 50/1.2 shows that it is a good lens at such apertures, but not better than its less expensive siblings (and not as good as the A 50/1.4).
The A and K 50/1.2's really are nice to use for their focusing ease, and in dim light they may be the only lenses that can do the job at all, . . .
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Lu San-Hwan (from the Web) - the lens feels very nice and it is an item worth having, and it actually is not very heavy nor large. Downsides: the aperture is not that different from an 1,4, neither in regard of lowlight use nor in regard of DOF; also there is noticeable pincushion distortion