Hi Raid, Sorry to jump on your post, but I thought the info on the Canon 50 f1.5 was relevant. 🙂
The two shots I posted are from the Canon 50/1.5 and the pre-asph Summilux 50. Both wide open, near close-focus limit for each. (If you roll your cursor over the small images, you'll see the file names, and that tells you which is which.)
Wide open, the Leica is sharper at the center and has more contrast than the Canon. I also think it renders color more accurately, the Canon being slightly 'cool.' I also prefer the Leica's oof drawing, as it has a more natural look to my eye. The Leica improves very quickly stopped down, with noticeable improvement by f1.7. I find it to be a very pleasant lens overall, with a very 'natural' look to its imaging. The Canon's signature sonnar look is less appealing to me.
The Canon is only technically 'worse' than the 'lux wide open, though. Every other difference is a either matter of taste in imagining, or handling ergonomics. The Canon is an outstanding lens for being 50 years old. I'm half-tempted to get something like a IIIf Leica to use it with.
I still think the pre-asph Summilux 50 is Leica's best-ever 'people' lens, though, despite its detractors and even compared to the new Aspherical 50. The only stop where I feel it can be described as technically weak is f1.4. Again, by f1.7 it improves noticeably. (FWIW, I keep an 8x ND filter in my bag so I can shoot between f2.0 and f4.0 with this lens for wedding work. ) If you shoot landscapes, or subject matter that benefits from a flatter field and a more highly corrected look, and your female subjects are all under 25 with perfect skin, then a Summicron 50 or the new Asph have advantages, of course. Horses for courses, and all that. 😀