Originally posted by k22 But I'm wondering if I'm gaining anything.
I don't know exactly what the stop-down points are for the 50-200 because I don't have it, but I wouldn't be surprised to find that at 135mm it's running at f/4.5 when wide open. That being the case, what you would gain is an entire stop of aperture at that focal length.
I have noticed my M135/3.5 has a significant "blue" cast when compared against other lenses under the same lighting conditions and exposure settings*, so you may find yourself having to develop and apply a different set of automatic presets if you're heavily into batch-processing in post.
And if it so happens that you like it and want to keep it, the M135/3.5 is of course full-frame compatible.
I do not think the same can truly be said of any of the DA zooms (I think the 60-250* comes closest).
* = by which I mean, I put multiple lenses on the camera, on a tripod, in rapid succession, and shot them all at the same aperture and shutter speed.