Yeah, it's the K f/2 which is regarded as a legend. I have yet to see any shots from it I couldn't take myself with a Vivitar f/2, so I wonder if the legend isn't equivalent to the price tag.

Sell them both and get one of the Vivitar Close Focus varieties.

The FA77 is was built on the A*85 formula and is the natural successor. You lose a bit of light, so anyone who really must shoot at f/1.4 should not bother. Otherwise it's smaller, cheaper, and looks nicer.

You don't need SSD. You don't need RAID. Save money.

Just make sure you have two fast hard drives so your data can be on one and the apps on another. 8GB RAM. i5 is cheap enough. Go wild!

Two years ago I wrote four articles on my computer build. It's helped others. You don't need to go so crazy with some parts, as I was aiming for low noise

http://www.theatreofnoise.com/2010/02/quiet-computer-build-putting-it-all.html

All well and good to compare the K-01 to another system with major drawbacks. I don't use Sony precisely because of the lack of small lenses. But MFT, on the other hand, has a full system of rather excellent glass across every possible mount. You can add and use K-mount lenses as you wish.

Compare the K-01 to the new OM-D system and weep.

They bodies are the same width. The E-M5 protrudes higher for the EVF, as it should for ergonomics. Of course the K-01 lacks this completely. Meanwhile the K-01 is 17mm thicker and still has a crippled lens mount, something that has never bothered Olympus. Add in weather-sealing, tilt flash, angle LCD, dual controls, optional grip, etc. Absolutely no comparison.

Which will be my last word on that. Let's see what Pentax does next. They're already three years behind the competition. And counting.

Other people moaning?

Good HDR is invisible as an effect.

I would take the shots and wait until on the computer to manipulate. Much more control; insanely larger screen.

That said, I almost never need it, and with the extended dynamic range of the K-5 it's likely even less necessary.

In this case your original post about the death of Pentax would be akin to crying wolf?

Please do not fear and put pessimism aside!

I have no worries about Ricoh. The K-mount, the extant lenses, and every existing camera body are not likely to vanish overnight! Anyone who needs further insurance and safety nets should have never been using Pentax in the first place, IMO, since Nikon and Canon have far superior support networks.

While I do not doubt the many advantages of a K-5, having used one extensively on a wedding shoot, people are unfairly characterising the K20D.

First, the K20D has better ergonomics and build. The doors are more solid. The SR switch is present. The K-5 has the LV button in a freaking annoying place. Etc.

Second, the K20D takes better low ISO images. I prefer the quality of ISO 100 and the images seem more robust under manipulation. Even at higher ISO the difference is not as great as some make out.... though quite significant. In my tests, corrected and noise-reduced images from the K20D suffered only one stop in comparison with the K-x. Believe me, this was not what I expected! And as I owned two K-x bodies at the time I was a bit miffed. (I have not been able to do extensive tests with the K-5 but it's only a little better than the K-x in this regard, by all reports.)

I never use AF for critical shots, and never would with any camera. I know where I want focus to be sharp; the camera does not. In fast-moving scenes it's quicker to refocus manually than change the focus point or any other action. It's only in easy cases I use AF and the K20D does the job just fine.

Definitely buy the K-5 if you have the money. The higher dynamic range and quiet shutter are two major advantages. But a K20D or K10D will do a great job for the money.