This particular lens has not been one Cosina's sales successes. To a large extent this seems to be because of the slower maximum aperture.
But my personal experience with this lens has revealed it to be an exceptional performer. For starters, the lens can very successfully be used wide open with little or no negative consequences. Second, it produces an amazingly even performance across the frame where border resolution is very similar to the center performance from f3.5 all the way to f22. I am told it begins to show diffraction at f/11 but this does not seem to be a visible issue with my photographs. It does reveal a small amount of vignetting around the outside when it is wide open but by f5.6 it is basically gone. This is a great feature for portrait photography, but even with other types of photography it seems to work quite well and is not intrusive at all. Finally, I find the out of focus blur from this lens to be very smooth, both in transition as well as further out into the frame.
The Apo designation means it produces some excellent color photographs and, though I don't shoot a lot of color, I often make an exception with this lens. I love the way this lens renders color all the way through the frame, even with out of focus sections, and I am frequently grabbing an occasional roll of Kodak Portra in an almost subconscious salute to this lenses strengths. I have never mounted it on my digital Leica cameras so I really cannot provide any feedback on its digital performance. Perhaps someone else can attest to how it works with an M9 or other digital Leica.
I enjoy using my Elmar 90/4 but for my money, this lens easily outperforms that older lens. I use this lens for landscape, portraits and for certain sports photography where the 90mm focal length is very useful. I can almost always shoot at f3.5 and 1/60 seconds on ISO400 film inside a well lit gymnasium. Since this lens has such wonderful resolution and color performance across the frame when wide open, I have found no reason to stop it down.
It certainly is not a Summicron 90, but it is a magnificent performer none the less. If you own one of these lenses and have been neglecting it recently I challenge you to take it out for a stroll...or two...or three. You may be surprised at what you end up with.