I simply love this lens. In the DSLR world I owned the EF 17-40 F4 L for full frame as well as the EF-S 10-22 on my 7DII. I tried both lenses with the adapter on my R5 and eventually also on my R7. I was underwhelmed in both cases. The 17-40 L eventually made its way to my son for Christmas, while I still (for now) have the EF-S lens.
When Canon ran a special on the RF 14-35 F4 L I went for it. I have simply been blown away.
The image quality is outstanding. Both the sharpness as well as the color rendition are excellent. I do not find the distortion to be an issue, as the corrections are enabled by default in the cameras for JPGs, and in every raw converter (Adobe, DXO, DPP) that I use when converting Raws. Some people see this as a Con, I see it as a complete non-issue. The size is just perfect, much smaller (IMHO) than the RF 15-35 F2.8 L and I don’t really see an IQ difference (admittedly just from casual use of a friends 15-35 F4 L). The difference between the F2.8 of the 15-35 L and the F4 of the 14-35 L is simply not significant to me, especially since I typically use somewhere between F4 and F8 for most of my wide angle indoor work.
Size and weight do not mean much to me when I am at home, or driving to a place where I will be shooting. However, for travel it really becomes an issue. This is especially true when one is traveling by air, or for a significant period of time. The RF 14-35 F4 L pairs superbly with the RF 24-105 F4 L and either my RF 70-200 F2.8 L or, for maximal reach, my RF 100-500L (this latter choice is obviously not light or small!). More spectacularly, paired with the RF 24-240 F4-6.3 IS USM this is an exceptional wide range, high quality combination on the R5. It even works well as a combination on the R7, giving a Full-Frame equivalent range of 22-388 (although I would really love to see an RF-S 11-22 copy of the EF-M lens).
Overall, very highly recommended.