As an owner of the FA* 85/1.4 and the FA* 80-200, I'd like to chime in as well
Are the FA*'s overpriced? Yes, for sure. I probably would not have bought them if I did not have the funds. Do I like them to death? Yes, for sure!
It's hard to say if the Sigma 85/1.4 is better than the FA*. I do know that wide open, my FA* 85/1.4 is sharper than any FA 50/1.4 I've tried. So if the Sigma is even sharper: wow. But "sharper" is not the same as "better". I'd like to see which lens gives an overall more pleasing picture - at portrait distances. The FA* 85/1.4 is a specialty lens and it should be treated as such.
For a zoom, the FA* 80-200 is plain superb. Every time I show my shots to Nikon and Canon shooters, I receive comments about the smooth bokeh (which they consider smoother than the bokeh of their brand's equivalents, without the apparent double-lining or "nisen bokeh"). I used it extensively on my vacation to Italy and I'm still blown away when looking at the pictures.
I tried a few of my FA*'s and F*'s on fullframe (through an extension tube as to avoid mirror collision problems) and I must say that I still don't regret that I bought them.
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