This 50mm equivalent lens on a DX sized sensor is uber fast with a maximum aperture of f/1.8. I took it out for a spin as soon as I purchased it. So far, I'm extremely happy with the lens. Here it is:

The lens (mounted on my Nikon D200) has ultra smooth, lightning quick focus. I was amazed at how fast I could set my camera speed which is very useful to capture fast moving action or in bright settings. I took it out on an extremely sunny day and took the following shot. Tack sharp.

For this image I set my Nikon D200 at F/1.8 in aperture priority. ISO at 100 and speed clocked at 1/2500.
I also brought the lens out at night to see how it operated in low light. I was not disappointed. Mounted on a tripod I was able to get a super sharp night shot at F/10, ISO 100 and shutter speed at 15 seconds. Also in aperture priority. Here is the shot.

I also played around with DOF using the F/1.8 to it's fullest affect. Amazing. I'll post a few of those shots later.
Bottomline, at only $200 I think the new Nikkor 35mm F/1.8 (50mm equivalent on a DX camera) is a must for any photographer's kit, whether you are an amateur or a pro. It's compact, it's fast, it's lightweight but sturdy, and affordable. Me Like!
OK, pick up your camera and shoot away. I do!!