It depends very much on what you mean by 'better'. If we're talking about image quality then from my experience I have to say I think the f4 has the edge. If we're talking about low light photography then the f2.8 has the edge, or does it? The f4 has a later IS version which could be argued makes the low light capabilities of the f2.8 all but redundant, or does it? It's easier to obtain focus with the f2.8 in low light even if the superior IS of the f4 makes it just as usable in the same light from a shutter speed perspective. You see where I'm going with all this. Both lenses are excellent and 'better' is a very subjective topic and can vary according to the needs. Better for one person may not be better for another and as both lenses are superb, no one but you can answer the question. The f4 is much lighter than the f2.8 and for me I found it much more usable as a result - but that's just me. Quite frankly the only thing the f2.8 has going for it is the f2.8 aperture, but whether that justifies the extra cost and extra weight only you can answer. I do wonder sometimes if the f2.8 is just a status symbol. Just my two pennyworth.