yes, but it only opens up to f/2.8
the Rollei Sonnar has the classic sonnar signature of biting sharp on center with very smooth transition to the less sharp corners. The HFT coating on the sample I have is a bit on the warm side, similar to Zeiss T*. The ZM C Sonnar has an incredible creaminess at f/2 and f/2.8 that makes the bokeh at those apertures look more like shots taken at f/1.5 . So there is something 'magic' in the ZM C Sonnar @ f/2.8 that the Rollei Sonnar doesn't quite have. But the Rollei Sonnar definitely has both charm and appeal. My ZM C Sonnar was originally optimized for f/2,8, but I had it recalibrated for focus at f/1,5. The previous calibration produced perhaps even more stunning bokeh at f/2,8 - f/4, but the focus shift at minimum focus distance wide open was a pain for me, so I really prefer the lens optimised for f/1,5. The Rollei Sonnar has no focus shift that I've noticed in use, but I've never done tests.