This thread is inspiring. The 35 IS has just sailed past the 100L to the top of my wish list.
The current 35L seems almost pointless.
Unless you really need f/1.4 and are willing to accept inferior bokeh highlights for that aperture, I would say yes the current 35L is pointless. The bokeh highlights have that dated angular look on the 35L unlike the 35 IS.
Until Canon updates the f/1.4L, I would always recommend the f/2 IS to anyone who asks my advice for this focal length.
On a side note, this is a fantastic lens for street photography in the city due to the focal length, small size, and high quality.