I'll slip in here and agree with Gary - I don't have a sigma 70-200mm f2.8, but I have the canon and on that whilst I have the option of using a 1.4TC or a 2*TC I use a 1.4 almost all the time whilst the 2*TC tends to come out just for fun. Sadly the light loss is as others say - a physical effect so even if the lens does not report it you won't get that light back - a good shutter speed, bright conditions and an aperture of f8 and you can get some decent shots out of it.
For the internet at 1000pixels on the longest side its good but the internet is very forgiving in image quality.
The 1.4 on the other hand gives good image quality and only loses one stop of light - on a good shot you can't even really tell that the TC was attached (by image quality) so its a shorter, but far more usable option.
And this isn't a sigma bash either - I have the TCs in sigma and canon make and honestly on crop sensor I hadly notice a difference between the 1.4s and the 2*TCs most of the difference only shows when they are compared side by side (and that is that the sigma is a 1.95ish TC whilst the canon a 2TC so the sigma gives a tiny bit less reach - nothing in the field would show this up though)
This gives an idea of the canon and a 2*TC at f8.
little birds photos test - a set on Flickr
note that whilst the light was dim at that time I did use flash to boost it up.
edit - I really should repeat that test oneday 1/100sec shutter speed can't be helping the lenses case even with dominant flash freezing the frame.
edit 2 just added otters to the test - its now 1000times better (the test that is not the TC combo

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