Hey everybody!
So hear is the the choice I have to make before the rebates end on 3/2. I have all but decided on the widely loved 70-200 f2.8 IS II. I appreciate the cost and weight as an issue, but after shooting with it for a couple of weeks on loan from a very generous friend

, I have learned to love it despite these issues.
I will be using this on a 5d II as a candid portrait lens (both indoors and outdoor) and as a general outdoor zoom lens. I like it for its wide aperture and great bokeh when zoomed to 200mm.
My only concern is that sometimes the f/2.8 is not quite fast enough for indoor available light shots. (I use the 35 L f/1.4 right now but it is to wide for certain portraits)
My last argument against /alternative to the 2.8 II would be that for the same cost $$, I could buy the 135 f2 L + the 70-200 f/4 IS L. This would give me a smaller more portable general outdoor zoom, (albeit with less background blur and less capable when combined with TCs), and I would gain a faster f/2 135 mm lens for indoor / available light portraits.
I realize all three lens are great and I have read the numerous posts on them. I am more curious to know your thought on the one option vs the other and any pros and cons.
As always, I love this community and thank everyone for your responses in advance!
Cheers!