Geez some of you are having ridiculous reactions to this. A few things to keep in mind before you speak:Feel free to tell us whether you like it or not instead of judging our reactions...
1) Just because the lens doesn't seem appealing to you doesn't mean it won't appeal to others.
2) Someone said why didn't they update this lens or that lens instead. Just because Canon is releasing this doesn't mean that something else won't get released, they are a giant company, surely they can make more than one lens at a time.
I swear Canon can't release anything without catching a bunch of crap, if they announce something that you don't like just don't buy it and move on.
Unless we are not allowed to express our opinions