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It seems more like history is repeating itself. Canon introduced their first round of f/2.8L EF zooms in 1989, leading up to their professional body later that same year, presumably to ensure there was desirable glass available for pros to buy on day 1. Given how hard they're pushing the lens...

I've used the 300 IS ii on the R, and I wouldn't remotely call it unusable. Mode 3 works almost exactly the same as before. I agree, it would be better if IS stops whenever the metering stops to save power (much like the DSLRs), but I haven't noticed a dramatic power hit beyond the usual...