This question came to me this morning, thinking about 50mm lenses. I have the Pentax 50mm f/1.7 (manual) and it's a very nice lens, but would be considered (relatively) slow on 35mm film, and many recommendations would be for a 50mm f/1.4.
However, doing the math, the diameter of the f/1.7 aperture wide open is 29.4mm, which is greater than the diagonal size of an APS-C sensor — effectively meaning that no part of the sensor is "hidden" by the aperture. So, the questions is, does this actually have any meaning, or is the f/1.4 lens still going to be distinctly faster for APS-C?