My PRs for IM and 50M are the same: 10:27. The IM was under fast conditions; the 50M was technical, mountainous and at altitude. I would say I raced both (finished in the top 10% or so).
To me, they're very analogous. Both involve striking a very delicate balance of exertion, pacing and nutrition until you get to the last hour or so, when it's just a brutal fight against extreme fatigue. You can swim and bike more intensely, but you get to stop sooner; running 50 miles involves a lot less intensity (frequent walking, stops at aid stations), but you never get to transition to different muscle groups, etc.
The training for an IM is undeniably harder. But on race day, if I wanted easier, I think I'd choose an IM over a 50M.
To me, they're very analogous. Both involve striking a very delicate balance of exertion, pacing and nutrition until you get to the last hour or so, when it's just a brutal fight against extreme fatigue. You can swim and bike more intensely, but you get to stop sooner; running 50 miles involves a lot less intensity (frequent walking, stops at aid stations), but you never get to transition to different muscle groups, etc.
The training for an IM is undeniably harder. But on race day, if I wanted easier, I think I'd choose an IM over a 50M.