Originally Posted by mattdm 
As much as I'd love to see a digital Auto110.
Drool. Drool.
Originally Posted by ogl They have to make new line of lenses... I don't know if it's good or not.
Actually, they are smart enough to have an adapter for the current 4/3 lenses. One set of lenses for two body types... that's thinking.
IMO this is an initiative that shows some real inspiration. Pentax can accomplish much of the same by simply giving us a compact body. This is not so hard to do... the digital bodies have been getting bigger and bigger. Simply go back to the beginning and shave off another 30%. Remove SR switch, RAW button and other "conveniences". Bye-bye top panel. Keep depth needed for lens registration, keep same sensor and k-mount. No major innovation needed at all... just the will to release a Pentax Limited as an alternative to larger SLRs and even as a rangefinder replacement.
The cost saved on all those components goes into a metal body.
Another key advantage: higher quality APS-C sensor equates to a wider field of view than on 4/3 system. Which is what street photogs want. Snap on a 15mm Limited and go shooting!
With more development the mirror could be ditched and a proper swivel LCD put on the back. Imagine being able to shoot from the waist with full ability to compose the frame? Great for candids... which is a big amateur market.
Plus it would make a great second body for almost any pro shooter.
Me wants.
But instead we'll get an entry-level camera with too many bells and whistles... made for newbies not pros.