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Going out with my 70-200 II and to be able to throw in this 40 in the bag, pocket and knowing it is a pretty sharp lens, makes for a great option.
Funny you guys mention that combo- I went out this afternoon on a long walk with my daughter and my 70-200 II in a Think Tank digital holster over my shoulder, and the 40 2.8 in the little zipper pocket on the side of it- worked great for the wider shots I wanted, and still enabled me to travel light and easy.
Before the 40 2.8, such focal range would have either required me to carry two bigger and heavier lenses, or take the slower but usable 35-350L with me. The 40mm 2.8 gives me so many more options for being out and about and still having great IQ in a lightweight package over my shoulder.