Turtle
Veteran
The rangefinder is a rather short base to accurately focus faster lenses. Mamiya dropped the ball on this camera, I think. They cheaped out on the body by putting in a short base RF, then charged a fortune for it. For the prices these get new, you can get a Hasselblad....same for used which are also expensive.
You can get a new 7II body with 80mm for $1750 from most grey importers, which is nothing like Hassy prices. Used the bodies are about $600-700 in great condition. The 50mm is about $1300 which is half the price of the equivalent Hassy lens.
Compactness and price are all considerations, but lets not forget that an 80mm lens at f4 has the same shallow DOF as a 40mm at f2...... Physical speed is not there in terms of available shutter speed, but the shallow DOF is very possible, although there are of course 75 f2s/2.5s and 90 f2/2.8s for 35mm with even shallower DOF..
The camera is not designed to be a portrait tool but a portable big neg maker for travel/landscape use. Rangefinders are expensive to make and we get into the diminishing returns area when it comes to very long base length super accurate and well made rangefinders and end up having to pay for them. I think Mamiya got their research right in that this was always going to sell in the main to travel/landscape/environmental portrait/street shooters. The Mamiya 7 is arguably not an 'only camera' camera, but one there to fulfill a specific role and that it does rather well (although it would have been better if built like a RF645 and with the same exposure comp/ergonomics).
I agree the original prices were insane, but shop about and they are pretty good now. Altho popflash does not advertise them any more I think they will still source them at good prices if you ask.
A 110/120mm f4 lens would also have been handy.
I don't find it too badly made in practice, altho I have yet to see if rangefinder drift affects me!