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The impression I got before mine was pinched was that f/1.2 was perfectly useable if I got the focus spot-on, and that's a big if. Stop down one click and the contrast in the detail improved dramatically - a bit like the f/1.4 in that respect. It wasn't so much that f/1.2 was soft, more that with high contrast edges the white would bleed into adjacent dark areas with a kind of glow. The trick was to avoid high-contrast highlights. My K105 f/2.8 is very similar wide open in that respect, and both lens suffer a bit from longitudinal CA with highlights (red in front of, green behind, the plane of focus). It was a great lens though.
Tim