paul13walnut5 said:
It's indicative of brightness, lenses are usually at their best stopped down a bit, so max aperture lets you know the starting point, also in most modern af systems the faster the max aperture the better the af performance, regardless of shooting aperture.
Minimum aperture can cause it's own problems, particularly when considering that dslrs of different sensor sizes and generations have different pixel pitch, the effects of aperture limited diffraction mean that the desirable minimum aperture can vary vastly between say a 1100d and a 7d or even between a 5d and a 5d3.
Spot on. Most lenses, even the ones which are very sharp wide open hit their sweet spot around f8, and most current FF canon SLR's suffer from diffraction around f11, most current crop Canon SLR's suffer from it from around f7. So whether a lens stops down to f16 or f32 is less relevant than its max aperture.
It's similar to how simple engines specs are engine size and max power. Not how much power is delivered when the engine is at its smoothest, or how little power it can deliver before stalling.