Yeah. There really isn't a good reason to do f/1.2 unless you have special requirements that demand that last half-stop of light.
For perspective, the Canon EF 50mm f/1.2L is big and heavy with relatively slow AF (even with Canon's high-performance ring-type USM), and the weight of the lens elements necessitates focus-by-wire where turning the focus ring runs the AF motor; it is
not mechanically coupled to the focusing group.
f/1.8 is adequate for most uses with excellent value for money, and f/1.4 provides better performance and more light while remaining reasonably priced.
Off-topic: Note that there are valid reasons for focus by wire. For example, all of Canon's newer STM lenses, including the latest version of the EF-S 18-55mm kit lens, are focus-by-wire simply because dropping the mechanical coupling minimizes noise—these are designed to be
totally silent for movie recording. The Pentax DA 18-50mm RE is also focus-by-wire, which is necessary to achieve the extremely compact retractable design.