The 50mm F/1.4 is still better than the other option from Canon i.e. 50mm F/1.8 or 1.7 , can't remember.
You gain a half-stop of speed and nicer bokeh, I don't know why you are unhappy with the lens. I think maybe you think that getting a DSLR is all about image quality but actually that's just part of the story:
- DSLRs allow the user to take photographs more comfortably and quickly with more intuitive adjustments and controls
- The f/1.4 allows you the possibility of actually getting a sufficiently exposed photograph with still better-quality than most compact cameras even if wide open if the user technique is there (There is nothing worse than a sharp photo of a blurry concept, as some have said)
- DSLRs allow so much more flexibility through additional features, e.g. use of flash, etc.
I really would spend more time worrying about brushing up my own skills to get good shots rather than comparing X lens to Y lens as a photographer. There are people who do that, they are called lens reviewers and right now there's loads of them around. :bsmilie: If the lens is really so bad, then dump it, get another one. With Clubsnap's warped B&S market prices, you won't lose much money.
For your info, I've seen many good and sharp photographs out from the 50mm F/1.4 lens. I have also seen many good photographs out from the lowly kit lens. That is not to say that the 50mm lens is useless, but hey, lenses are dead, inanimate objects. You are alive and thinking. It is up to the photographer to make the most of whatever equipment he has and mold himself to bring out the best given any circumstance. Of course, through the years, I've seen many who prefer to keep thinking that the purchase of something that costs more would somehow make their photographs better. Better image quality, sure... But a boring photograph, sharp or not, is still a boring photograph. Cheers.