I asked myself this exact question recently when looking for a good upgrade for the wider end of my 18-200 cheapy superzoom. I compared both the 17-50 and the 17-70 Sigma's trying to pick a winner. The only thing I couldn't get an exact feel for was AF speed with one body to test with. But they were very closer from in store guestimates.
In the end I chose the 17-70 Contemporary for these 3 reasons:
1 - Newer model / newer technology. Who can say this wouldn't have been an EX lens a few years back?
2 - Global Vision line - e.g. I can use the USB dock to make the AF closer to perfect, if I have issues
3 - A little metadata number crunching from my superzoom told me most of my pics were in the 18-70mm range.
It's on back order, but I'm still happy with my choice.
Good luck with the choosing!