Originally posted by NeverSatisfied No but I try to avoid situations that would cause it- for example landscape type shots I would usually shoot at f5.6 - f8, rather than wide open. I'm pretty sure that particular Lens Correction Profile fixes CA and distortion- I do know that Ishpuini did a very exhaustive series of shots to form a thorough profile. There still aren't that many profiles yet for Pentax lenses (exception: medium format!), but at least that one is available for the 16-50, and it's a good one.
Lens corrections are also available in the newer cameras. I like your point about avoiding situations. In your example of shooting a landscape, you didn't avoid taking the shot, but you know your lens, and you avoided its weak spot by stopping down. It's important to know how a lens reacts in order not to stress its limitations. That goes for zooms and primes.
I like primes, but I tend to use them for specific tasks. I use the FA 35mm for low light, FA 50 for portrait, D FA 100 for macro and low light telephoto, the DA 40 mostly for its tiny size. I have a couple of manual primes just for the experience. I use a 16-45 and 55-300 for general purpose.
Primes are great, but as specialized tools, not as the main show. I can't see going without a standard zoom. The 16-50 covers extra wide, wide, nomal and short telephoto. That's a lot ground and a hell of a lot of lens changes. IME the IQ penalty of using a good lens like the 16-45 or 16-50 vs a prime is not noticeable under most circumstances where the zoom is not stressed, despite all the hype about wonderful prime IQ. If I'm going for a specific bokeh effect, or operating in some condition where the zoom won't work, or I need the best IQ for a shoot, that's when I reach for a prime. For general use, the 16-45 meets my expectations.
PS Unlike some, I like and use my flash for low light when appropriate. My zoom plus flash results are normally better than I get with a very wide aperture prime, high ISO and slowish shutter speeds.