I'm not sure where the photos are anymore, but I used to have a Leica Summar lens w/ fungus, and the photos from it were just terrible. There was so much flare it was crazy. I sent it over to John at Focal Point for a CLA and even though the glass still had marks where the fungus had etched itself into it, the images from it were stunning. You couldn't get that thing to flare if you tried (w/ a good hood on it of course).
I suspect this is how the old myth of Summars being soft came from. Many had a lot of crap in them internally and took soft, dreamy photos. When they're clean though, they're better than a Summicron in my book (although not at f2). The worst thing about fungus is not only the image degradation that it causes, it's the fact that it just gets worse and worse over time as well.