As expected Nikon has announced the 50mm f/1.8G AF-S lens. An update to the hugely popular and one of Nikon's most revered lenses the 50mm f/1.8D. This lens is known to be one of Nikon's sharpest, but n typical Nikon fashion they have re-designed the whole package adding an aspherical element to make distortion almost nil (Something that the more expensive 50mm f/1.4G lacks).
The best part is that Nikon has kept the price on this low. With a retail price of just $219 I expect this lens to literally be flying off the shelves.
Unlike the 35mm f/1.8G lens Nikon has designed this one to work with FX as well as DX so all you D700 shooters can rejoice about very affordable normal prime that offers super fast and silent focusing.
Read the full announcement here: http://cdn.press.nikonusa.com/static/evolution.html