I don't want to revive old disputes but ATM the major difference between FF and modern APS-C sensors is due to the pixel density. Whilst K20D's sensor has 4Mp/sq.cm the 12Mp FF sensors have o lot less (like 1,4) and even the higher res FF sensors are well bellow this value - 2.4Mp for the 1DSMark3 depreview's FF camera for Canon system. So this puts less "pressure" on the lens to perform on FF than on a modern APS-C camera. But, IMO as the pixel density will increase it will only wreak havoc more and more on older lenses. And they will lose the "sweet spot" advantage that they may have on APS-C sensors so the vignette will increase and border quality will only decrease. Also the diffraction limit is different for the 2 sensor sizes so older lenses may perform better on FF also from this reason (some are at their best let's say from f8 to f11 which is too much for APS-C diffraction wise). The final nail in the coffin is the level of CA and absence of digital optimised coatings.
It is wise to say that anyone can appreciate for him/herself the quality of an image but if you want to see what an older design "revived" by Sony actually performs on a modern digital sensor look here:
Sony 35mm f/1.4 G ( SAL-35F14G ) - Review / Test Report
Yes it's FF, yes it's 1.4 (and thorougly unusable there), yes it has magnificent CA, larger than usual distorsion for a 35 mm prime, over twice the weight of DA35 and it could be yours (if you may want it) for the same price as a K20D + DA35Macro or K20D + FA35/2 (whom btw will probably smoke it big time on the K20D - they perform both very close or better on a 10Mp camera vs the 12Mp for the Sony). Even more the lens has a modern digital coating that helps only to reduce the disaster and cannot take place of a modern design.
Radu