canon rf 14-35mm f4 l is usm

Canon has just launched their latest RF lens and this time it's the RF 14-35mm F4 L IS USM wide-angle zoom lens. The lens is scheduled to be available in August 2021 with a lofty price tag of $1,699.00 (US) or £1,749.00 (UK). What do you think to the price? Is this reasonable for an F4 lens...