f4.5 vs f2.8: apples and oranges.
Dissimilar in optical construction and much improved in handling. If you never expect to photograph in low light or be plagued by the infuriating imprecision of a dim viewfinder by a slow lens in less than ideal conditions you work in (even with hyperfocal, it still is not precise), then the f4.5 version will be OK. The f4.5 version is an old design frequently referred to as a clunker, lumped into the same basket as a few other unwieldly lenses, the 55mm being one good example. Apart from its appealing amount of viewfinder brightness, even with a polariser, it has some nice little touches: the f2.8AL has a light-touch focusing action, spring-assisted aperture movement (rather than a conscious force to shift aperture, just a gentle finger-nudge), a filter holder at the rear, and an overall smaller, lighter and more agreeable handling. In short, it's not really just about aperture and focal length, but they are part of the equation! You do pay for all of these improvements though, so it is purely a matter of suitability to your dominant style of photography,
ahead of desire (the f2.8AL may be eye-candy, but its cost must be justified for many people who cannot see it paying its way).
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