Is it correct that MTF, besides being in chart form, converts to a
number with 5.0 being optically perfect?
I don't know about 5.0 being the perfect score. I am talking about Canon's published MTF charts and it is 1.0 as the perfect score. According for them a 0.6 is a good score and a 0.8 is excellent for resolution. Contrast is different. I have my book borrowed so I can't check exactly, but that's what I recall it was written there.
According to current info, what will be worst mm/f-stop combo for
55-250mm IS & how bad will it be compared to the worst settings
possible for my newest lens, the 17-55mm f2.8 IS?
I don't know why or how you can compare a 17-55 and 55-250. Maybe you meant only up to 55mm as that is the only valid comparison in focal length. If you try to match performance of the 17-55 at 17mm vs at 200mm for the 55-250 IS, it would be meaningless to draw up any conclusions.
Besides, what is worst for one lens is the best readings for another. And even one's "worst" performance is already excellent or very good by any standards. Take for example the 135f2L. At f2.8 match that with the 70-200 f2.8L and it would put the zoom to a mild embarrassment. But it isn't that the 70-200 at 135mm is a slouch either. Match that output and scale it to a 55-200 mk2 (f5.6) and the latter will be put to shame by the L lens. That is the L's not best performance for all apertures too. And yet, that same 55-200 will put to shame a 100-300 lens at the same aperture and focal length.
Will I notice significant difference in optical quality between the
above two lenses when used on 40Ds? What about the two head to head
at 55mm & same f-stops?
Now you made me work! I have to do a web search. Unfortunately, I can't bring up the japanese web site with the mtf of the 55-250 anymore. So, only from memory I will compared.
Ok, Only at 55mm, your 17-55 is sharper at the center up to 8mm where they are now equal. But by 12-15mm, the 17-55 at 55mm isn't so great. This is where the 55-250 is better. It holds the sharpness up to the corners.
Will you notice this differences? I doubt it, especially if you are using it for portraiture. If you were shooting landscape, the 55-250 will have the edge even if the 17-55 is sharper at the center. Why? because those corners are going to stand up while the 17-55 at 55 will falter. Stopping it down to f8 helps, and it will help a lot. The 55-250 is still better though its rez, if I recall is not as high 0.9 at the center for you 17-55 at 55 vs 0.8 to my memory of the 55-250 at 55mm. Contrast will hardly be signifcant as both will be contrasty.
One thing about the 55-250 IS is that it's S and M lines don't break apart greatly even to the edges, unlike the 17-55 at 55mm. And it doesn't fall precipituously like the 17-55 at 55mm. This means, even if the latter is sharper in the center, the 55-250 will have more perceived sharpness especially at the edges simply because the S and M lines don't spread out apart. In short, the 55-250 is more consistent all throught the image and predicatable in sharpness as if it was a prime. In fact, it is behaves similarly as the 70-200 f4L IS more than the 70-300 IS.
Again, if you are shooting tight portraits, you would not notice the difference between the two except maybe if you print very, very big or pixel peep. But even then it's not going to be a big difference, except in the corners where the 55-250 is better. But would you notice that if in normal portraiture you want that OOF in the first place? So, only landscape will notice it. But then again, you normally stop down to f8-11 for these iamges, so again, the 17-55 disadvantage at the corners is lessened greatly when you stop down. The verdict? They are about the same.
Now, think about it, at f4 maybe up to 100mm where it will stay at f4, wouldn't you love to have that sharp of a lens similar to a prime or the 70-200 f4L IS? And to pay for it for around U$350 instead of U$1,000 for the 70-200 f4L IS? Even at 55mm, have a decent f4 for U$350 vs the 17-55's U$1,000 price tag? I have a 100 f2 usm, and if the MTF holds, it means, it is very sharp and close to my prime! Of course I lose the f2-3.5 aperture of the prime. But I do gain a 55-250 zoom with optical performance very near the primes or the best L lens!
This is why I am getting a tamron 17-50 f2.8 di-2 (instead of your 17-55 IS). Together with the 55-250 IS, I will have a formidable sharp lineup whose limitations don't bother me anyway (ef-s, plastic mount, no ring usm, no ftm, not as well built, etc). The 10-22 and the 24-105L will round it up when I need wide or a more all around lens. If I need lens speed, I go for my primes. But as you can see, I can mix and match without spending too much for a 70-200L. The 55-250's IS, sharpness, size, weight, cost, black color makes up for it's weaknesses for me (I say for me only

).
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'Always in the process of changing, growing, and transforming.'