I don't own the current Elmar 50/2.8 but its reputation is that of a sharp lens with a very flat field. The Skopar 50/2.5 doesn't particularly fit those descriptors in my experience.
I have noticed opened up, both contrast and detail fall off significantly. However, at apertures of f5.6 and smaller, the lens is fine, with a modern but not overly contrasty look. Its out of focus highlights are real smooth until f2.5 when they kind of turn into little golf balls that can be distracting. Maybe Cosina was "pushing it" by putting a stop at f2.5.
Overall, I'd say that if Cosina was going for a sharp little 50 like the current Elmar, they missed.
Nevertheless, thinking about it now...
Maybe it was done that way on purpose. With the Nokton 50/1.5 at a similar price point, a shorter, softer lens might be what they were shooting for.
Afterall, f2.5 is not particularly fast for available light work and if you're not opening it up because of the lack of light, odds are you're going for a 3-D look by blurring the background, people's faces, babies on rugs, etc. Conditions where contrast and razor sharp detail may not be the best things.
Since sharp, sharp sharp is the mantra in modern 50's, it's small wonder that a lens that didn't go that way wouldn't generate excitement. (Disciples of the Summitar not withstanding.)
--Jason