Originally posted by Wild Mark is there any optical differences between early and late models?
Not sure (and, if I am wrong, someone please correct me), but I think it is very likely they are identical (except for the front trim ring). I suspect that, with the low number of K 28/2 lenses made and sold, that the 2nd-generation ones (issued during the M era) were likely assembled from parts made during the K (pre-m) era.
If there were any difference at all (other than the labeling), I suppose that there could possibly be a minor coating difference (?).
Not too many of us have had experience with both models, I would surmise (?) (I have only the K era version myself).