When I was a boy and first getting into 'serious' photography, I used to have nothing except a cheap Russian made 35mm SLR and its god-awful 58mm f/2 Auto-Cosmogon lens...the focal length is nice and semi-selective. It might not seem like much of a difference between a 50mm and a 58mm, but it's my recollection that a number of Nikkor 50mm lenses are actually 48.5mm in true measured focal length at infinity focus, and therefore might even be a bit shorter at closer focus distances. So...a 58mm lens and a Nikkor 50 that's say, actually 48.5mm is a significantly different lens length.
Focal length is really quite a big deal in the semi-wide to normal and short-tele range...even a few mm difference has a big difference in the way photos actually look.
As far as a lens with a strong central image area and then very weak peripheral regions, the 35/1.4 Nikkor, the older manual focus lens, has this issue very much; so did the 85/1.4 AF-D; both have very sharp central areas, with a marked decline in the sharpness and light fall-off toward the edges. The old 85/1.4 AF-D was often called "the cream machine" for its superb bokeh and its image character on people photos. I had a 35/1.4 back in the 80's...it has a very useful niche. I "get" what the design parameter does. a lens with strong curvature puts a visual stamp on images; but that can backfire on some images. Look at some of the sample photos that have multiple people, and look closely at how SOFT people off to the sides of the frame can look. Look at the pictures, and you can see, this is NOT meant for general use stuff at wide f/stops; the edges are like three times softer than the central area...I kept the 85/1.4 AF-D because it has weak edges, but for high-resolution, I use my newer 85/1.8 G, which is very clinical, not "pretty". I got rid of the 35/1.4 years ago.
You want a Lensbaby?
I think the longer focal length of this 58mm lens is, at least in part, an effort to get the 58mm x 1.5 APS-C crowd to do the math, conclude that this is the new, high-speed eighty-five-millimeter equivalent, and then shell out $1,700 for it. The price is part of the higher profitability on lower total sales that Nikon has been able to achieve for multiple quarters over the past few years. Nikon has steadily been moving toward making more high-profit items in this new, constricting camera and lens market. Nikon has done an amazing job of keeping profits up, or even increasing, on lower and lower sales volumes.