Interesting debate (if we skip the credible opinion part)...
As owner of 31-43 and K50/1.2 and former owner of DA*55 and F50/1.7:
1 - I'd never say 43 is better in anything else than center sharpness than 31 (especially when compared to 50/1.2). 31 has OOF rendering very similar to that of 50/1.2 (closest from shorter focal lengths I've tried)
2 - I wouldn't say 31 is soft wide open. My copy is acceptable, and really sharp when shot at closer distances, going towards infinity it softens up a bit IMHO, but then I don't shoot 31 @1.8 @ infinity too often...
3 - DA*55 is slow to focus (on K10D) but not much slower (if at all) than 43ltd and still faster and (most of the time) more accurate than MF + you have constant MF override if you need it
4 - DA*55 is sharper than 50/1.2 (my copies) wide open
5 - 50/1.2 blows 55 out of water wide open in OOF rendering (but then I think the same when 50/1.2 vs 43 are compared, if you like 43's OOF you would like 55's IMO)
6 - DA*55 is a beast when compared to any other 50/55 (with possible exception of Canon 50/1.2)
7 - F50/1.7 is the fastest AFing lens I tried in K system to date, and very accurate at that
8 - F50/1.7 (and I expect it's cousin FA50/1.7) is very sharp right from f1.7 but stopped down the hexagonal OOF gets annoying (personal opinion, you may like it)
9 - OOF of 50/1.7 when stopped down below anything than f1.7 is not as good as 50/1.2 at any aperture
my 2p
---edit---
if you'll buy anything to replace that A50/1.2 of yours, please let me know. I'd be more than interested to replace my K50/1.2 with it's A series cousin.... thanks