All true, of course, but perhaps the point is that the 400 f/5.6 provided a reasonable way for people to get — for the era — a combination of reach and affordability, as opposed to more expensive commercial-oriented solutions. In that regard, the EF 400 f/5.6 vis-a-vis the RF 500 f.5.6 in terms of hopes remain a valid call-out by forum members.
In a nod to your comment, things do get better.
Continuing the general conversation...
Putting a potential RF 500mm f/5.6 into economic context for primes:
- Canon EF 500 f/4 IS II: CAD $11,999 (MSRP still listed)
- Canon RF 600 f/4: CAD 18,999
And for zooms:
- Canon RF 200-800 f/6.3-9: CAD $2,799
- Canon EF 100-400 f/4.5-5.6: CAD $2,999
- Canon RF 100-500 f/4.5-7.1: CAD $3,999
And the lenses of question:
- Sigma L or E 500 f/5.6: CAD $4,399 (market benchmark)
- Canon EF 400 5.6: CAD $1,599 (MSRP still listed)
So if you look at the relative cost, the EF 400 f/5.6 was a fantastic option
to get people into quality telephoto photography on the Canon platform. Given that for years anything over 400 was rather exotic the EF 400 5.6 was a remarkable offer, and with
competitive IQ. Sure, no IS — but for a fraction of the cost of anything else and still with moderate internal sealing (no fogging)... uh, whatever.
If Canon made this a red ring lens then it would probably pair very well with a 100-500, and if a silver ring lens then the 200-800. I think Canon could offer it for around the same price as the Sigma, maybe a pinch more, if red and probably for CAD $3,500 if silver should they really want to make a market statement similar to the 200-800, which itself is priced very fairly compared to historic and modern "peers".
A dual silver offering of the 200-800 and 500 5.6 with similar, as appropriate, build, functionality, and costing would be an epic combo for the prosumer and advanced amature market. It would also probably be a great grab-and-go for tight spaces for pro's as well.