Originally posted by tempelorg Factory Reset suggests that it goes into a state as if it's fresh out of the factory. Which the Reset doesn't do.
Agreed, often misunderstood.
With the K-7 and the K-50 (therefore safe to assume the K-5 is the same), 'Reset' means 'Returns to default settings' (words from the manual). Also there's a separate reset for 'User' settings. In the K-50 manual for example it explains in the memo on p219 that there are 8 settings which are NOT reset and lists them. So there's no suggestion anywhere that it resets to ' fresh out of the factory'. It would need to re flash the firmware back to original to do that.