Why is everyone complaining about this lens? It's as if every product Canon makes has to be made just for you, and if you don't like it then it's a complete piece of crap. When I heard the rumors about this lens I ignored them, because it's just not something I'm interested in and from the response it seems like not many you are interested either. So why not just say "well this isn't for me" and let it go instead of questioning every aspect of it?
It's obviously an entry-level lens, and it's $200 for crying out loud, what do you expect? And just because it's an odd focal length to you doesn't mean that others won't find it useful, a good photographer can produce good images with any focal length.
Thanks for your lines - some participants of this forum do not understand (IMHO) that many companies produce many tools for the vast crowd of photographers.
Nobody NEEDS a 40mm FF EF lens as a pancake.
Many of us are mad at Canon, because they are WASTING research & manufacturing capacity on "nice to have" products rather than on delivering the essentials: "fully competitive, bleeding edge" cameras and lenses and true INNOVATION. A FF pancake would make a lot of sense with a killer FF-mirrorless Canon camera as compact as a mMinolta CLE. THAT would be innovative and welcome. An EF 40mm -f/2.8 pancake is ... YAWN.
And if Canon's geriatric management squelches any true innovation, than at least develop any of the following ASAP:
* 50/1.4 Mk. II - with improved optical performance matching if not surpassing the Nikon AF-S 50/1.4 and Sigma ... and most importantly with Hi-grade RING USM AF
* 35/2 Mk. II - with massively improved optical performance and Ring-USM AF
* 28/1.8 Mk. II - with massively improved optical performance
* 24-70 Mk. III with f*cking 4-EV IS
And all of us want lens shades included with every Canon lens, not only with L's.