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yup mine dropped 50%! my insurance ran out a week before i was 21 and i was getting high quotes so i did one for a week later and it was half the price, so i waited it out.
ditto, it weighs less too which is why i keep it on all the time.
i think i'd prefer a 35mm i find 50mm just too far sometimes, i have had some decent pictures out of it though.
the 50mm f1.8 is rather cheap (well it was when i got it) and is pretty decent for the money.
just click 'open image' at the bottom of that window and it brings it up in normal photoshop. i like this window it's good to adjust things like lighting.