Actually, given the stated need, I was just trying to save imagedude some money and questioning the need for another lens at all in order to shoot from a distance of 6' to 8'. Who wouldn't want f/4 in preference to f/5.6, and f/2.8 in preference to f/4, but that luxury comes at a price. The 70-200/2.8 is £925 at the moment and the 300/4 is £1100. I was questioning the value that would be gained from paying that price, given the shooting scenario described. If I ruffled any feathers then I'm sorry.
If you want to introduce other scenarios into the equation, like shooting at longer distances then, as useful and interesting as that discussion may be, it doesn't seem to address the topic of this thread, or the reasons stated for acquiring a new lens.
No feathers ruffled here Tim. My comments were based on my experience in very similar circumstances to imagedude. Based on what he said in his first post he is actually looking for a lens to supplement his 400mm. so it made sense to discuss the aperture issue, especially as you raised it.
Of course it's cheaper to just use extension tubes, and there are many times when they are very useful, as long as you remember that they do reduce the effective aperture of any lens you use, so that f5.6 starts heading towards f6, depending on how much tube you add. Also, I don't think it's wandering from the topic to consider that imagedude may want to use the lens outside of that one scenario.
The two lenses that Imagedude is looking at, the 70-200/2.8 and the 300/4 are, as you say, rather pricey to buy new, but they are readily found on the second-hand market as people who have the ready cash go for upgrades. My 80-200 f2.8 and 300 f4 (non IS) were both aquired this way for a combined cost of a couple of hundred less than the price of a new 70-200/2.8. Both are optically and cosmetically excellent, and I use them a great deal.
I see in the 'for sale' forum that there is an 80-200 f2.8 for sale by Robert Scanlon for £270ono - a nice lens for someone on a budget.
However, as good as I think that lens (and I assume the modern equivalent) is, he may find that 200mm may fall a bit short and 300mm may be a more suitable option. If that is the case then the 300mm f4 L is the lens to go for. Of course, if imagedude doesn't need IS then a second-hand, non-IS lens may be a good option, although its nearest focusing distance may be a bit long at 2.5m. In both cases it is possible to get the larger aperture option without breaking the bank quite so much!
Just a thought - while we have been discussing depth of field there is another factor that is relevent to Imagedude. I've just set up my 5D at 2.5m (just over 8ft) from a wall and measured the field of view available with both 300 and 200mm lenses at that distance. My 300mm lens (at its minumum focus distance) gives a field of view measuring 27.5x18.4cm. The 200mm lens gives 40.6x27.1cm. To put these into a small bird context context, a Blue Tit is up to about 12cm long, and a House Sparrow 16cm.
If I have time later I'll rejig these figures to represent the lenses used on a 20D or similar (and at the minimum focusing distance of the 300mm f4 IS, which is less than for the older lens.