70-200mm lenses are nice, regardless if it's an f2.8 or f4. But a non-IS zoom lens is not very useful IMO. It could only be used indoors with a tripod, or off hand outside with sunlight. But maybe that's how you always shoot and could then save money getting the non-IS version. I think out of the 20k or so pictures I've taken, less then 100 have been with a tripod.
Price wise, it's too high.
These were all taken with type 2 IS, used for panning. And no post processing, because I suck at photochop. But, not the 70-200 F/4, it was the 100-400 F/4.5-5.6.

Bonus.
