LOL, yeah... i think the 1.4 is $400+.
it definitely has less fixed zoom. i remember the day i got it - i popped it on and started shooting my family, and we were in my mom's kitchen (visiting for a while), which is really dark, it was great for low-light stuff - i was blown away by the detail and the SPEED, especially in low light.
conversely, my wife doesn't really like it and always uses the 18-55 because she likes to be able to use the zoom to frame her shot, rather than having to move.
i like the depth of field better with the 35mm and love the speed, and i think the images are better.
peter