You asked in your Title of this thread for ad nauseam, so here is my contribution
I've shot practically every M lens ever made at one point or time since I started shooting my first M6. Some of them were spectacular, some of the older ones just so - so by modern standards. Each of them had their strengths and their weaknesses. Each their distinctive signature, and each made the way only a Leica lens is made. Precise, positive, complete control of the possibilities in the hands of someone capable of pushing them to their design limits... and beyond. A very tough place to reach, as many of history's greats have used a Leica - and in doing so set a very high bar.
Almost all of the recent vintage Leica M lenses made in the past twenty years are excellent in my opinion, each with some differences but all with superb drawing and signature. They all hold up to the Leica standard of not changing a lens design in a particular focal length or speed until it will be a substantial improvement to the present production model. So at the time of their manufacture, each Leica lens was the State-Of-The-Art in the science of lens design and construction at the time it was made.
I owned a 50mm Pre-ASPH 'Lux and still own a 50mm 'Cron I had at the same time. My 'Cron had better contrast and was sharper at f/2 than my 'Lux at every aperture up to f/8 at half the size and weight, so I sold the 'Lux. I never missed it. Historically I've shot mostly wider lenses, with 50mm being long for me. I love the wide open look of a 21mm. Others may disagree, as the choice of a lens "look" is as personal to a photographer as the make and model of a guitar is to a musician. Both have their own unique "tone." Their "signature." Their "color." As each of the 50mm choices from Leica do, in my opinion.
A couple of months back, I had the opportunity for a new Noct f/.95 so I decided to take it. I liked the old f/1, but found it a bit too soft for me wide open. The 'Cron, while not having the soft narrow depth of field, had far superior contrast. I heard the new Noct was much better in that regard so decided to see for myself. The new Noct is a very different beast than the one it replaces, improved in many somewhat subtle ways or appears so until you get to know it.
Any wide aperture lens is tough to use, let's face it. Sure it looks sexy as heck shooting away in candlelight, but be frank with yourselves and admit that even professionals like myself who shoot with one almost daily rarely land more than 10% "hits" even at f/2. Open 'er up to f/1.4 and not only does your positioning come into question, the very shallowness of the depth of field itself can make it impossible to get a good shot. Unless your back aways, or going for one sharp eyelash kind of thing, for a portrait your going to be at least at f/2 anyway. Open to f/.95 at the closest focus distance, you're shooting for an effect pure and simple and little more, since the falloff is pretty severe and area of focus very shallow indeed.
At greater distance, when you just have to have as fast as possible, repeatedly, then it may be worth considering investing $10,500 in a new Noct. I shoot in these kind of conditions constantly, so for myself it makes sense. And I really am loving this lens the more I learn about it. It is an extremely tough mistress out the gate, demanding your full time and attention at first if you are looking to get anything usable at all. I'm only a couple of months into it myself, and it has taken me a lot of work learning to use it, but I do find it lets me use options not available to me with any other tool in my bag.
These are from a recent job using it. If you don't absolutely need the speed or the falloff, or if you don't have the time to invest in learning how to best employ this type of a specialty lens, you would be much better off just buying yourself a 50mm f/2. The 'Cron will do most everything you will ever need, and costs a fraction of what the investment is in any of the faster versions.