>> The 200/4, however does not lose >> any light, due to its IF construction, >> and remains an f/4 lens at 1:1 > Sorry, but due to the extension involved, > it loses slightly over a stop of light at > 1:1 (Moose says 1 1/3 stops). Yep, rear focus and internal focus lenses do lose light at minimum focus. Not as much as the old-type move everything lenses, but it's detectable. I've got a 105mm/f2 (rear focus) and 180mm/f2.8 (internal focus) on my desk here, a quick check indicates that the both loose around 1/3 a stop at minimum focus. For comparison an old 300mm/f4.5 AI-S I used to own lost around 2/3 stop. Unless you're using a hand-held meter, don't worry about it. Even 1-1/3 stops is much less light than you loose when the sun goes down. It is kinda fun to obsess about such things though, isn't it? -Don