Ok, you're all going to think I'm off my rocker...
I think Pentax would be very wise to (if optically feasible) develop a 0.67x TC or, even better, AF adapter. A lot of Pentaxians have, are buying, or will buy legacy Pentax glass. Pentax keeps maintaining backward-compatibility with said glass. Naturally, this must cut into their lens sales a bit. Offering the aforementioned adapter would allow Pentax to benefit from this demographic.
"Wait!" you exclaim, "why would legacy glass-owners possibly want such a contraption?" 0.67 happens to be the reciprocal of 1.5 - the crop factor of the APS-C format relative to 35mm full frame. Simply put, this would make a full frame lens behave like a full frame lens on a crop body.
As I mentioned earlier, this would be even more valuable if it was like the F 1.7x AF Adapter, adding AF capabilities to K, M and A series glass. The AF adapter had the limitation of only being compatible with these three series of glass but I believe, with some added clutching and electronics, it could be useful across the board.
So, am I off to the looney bin yet?