===facts from the catalog===
This lens is on the market since March 1995 (!) and is the direct successor of the AF 35/2.0 (w/o "D") built since 1989. So the design is now more than 20 years old. Nikon still thinks it will sell although their latest and hopefully greatest 35/1.4G lens is now out, but if you look at the prices, their hope is certainly well founded
Size: 65x44mm = small

only half of the new 35/1.4G.
Weight: 205 g =

One third of the new 35/1.4G.
Optics: 6 elements in 5 groups = simple design. Much simpler than todays modern designs. But less elements and less groups are good for minimizing reflections and increasing transmission. Looking at the cross-section you see a very simple design with no aspherical elements or ED elements:
Closest focus distance/max.magnification: 0.25m / 1:4.2

This is pretty good for my purposes, the DX Nikkor 35/1.8 reaches only to 1:6.2.
Filter-thread: 52mm = small
IS: No = what do you expect from such an old lens?! Oh and btw.: The new one doesn't have IS/VR either
AF: AF driven by AF-motor in the body, so does
NOT AF on D60/3100/5000-bodies

, focus ring turns when focusing
Covers
full frame/FX or smaller = very good

The Nikon 35/1.8 is only covering DX although some report that it can be used on FX with only some corner shading
Comes with a
no pouch, only front and rear cap
Price: around 300 EUR new (incl. 19% VAT) = pretty cheap

The 35/1.4G is around 1600 EUR, the Nikon 35/1.8G
DX is only 170 EUR.
The
lens-caps are standard Nikon's

The others still play catch-up
Distance information is relayed to the camera, so the Nikon body can do all the advanced exposure-related stuff with this lens

But this is true for all the alternatives too.
Aperture ring = yes,

some people and some applications (using a bellows or reverse-mounting require it
NO Lens-shade included
Sealing: Nope, this was only invented later
Performance:
Uh-Oh, when you look at the wavy ups an downs and the gaps between the sagittal and the meridional curves and the precipitous decline in the corners, you'd expect a mixed bag of performance. But we'll see later.
Motivation:
Large aperture lenses are for isolating your subject plus the nice close-up performance makes this an ideal lens for many occasions. Plus add a reasonable price.
Alternatives:
- The new
Nikkor AF-S 35/1.4G: A very good lens but expensive, large and heavy.
- The
Nikkor AF-S 35/1.8 DX: great, cheap little lens for DX bodies. reaches its limits on FX bodies --> vignetting, corner sharpness