I recently sold my Pentax 40mm 2.8 (as I sold off all my Pentax 35mm slr gear) and still have the CV 40mm f2. The CV is a super lens, and a stop faster. But if I already have the Pentax 40 2.8, I'd just keep using that unless I needed the extra stop/speed of the f2 lens. I was very happy w the Pentax 40, and it is tiny - smaller than the CV.
(My Cv 40 is in Nikon mount which is why I still have it, but the lens is the exact same optically in Pentax mount).