My 18-135 just arrived this morning, so here are my initial impressions. I haven't had time to do anything extensive, but with some quick and dirty tests, I can say that it is definitely noticably sharper than the Sigma 18-250, and about on par with the 55-300, at least at 135mm (as a curious side note, I found that "100mm" on the 55-300 is about the same FOV as "135mm" on the 18-135... which one to believe?
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This thing is very compact, and though quite a bit denser than say the kit lens, it is has a good feel, and is very well balanced on my K-5. It's an absolute featherweight compared to the Sigma 18-250. The zoom ring is the smoothest of any lens I've tried, and I seriously doubt zoom creep will ever be a problem (the barrel is just not that heavy, and the WR means the tolerances are tight). The focus ring seems like it'll take some getting used to, though. Not only is its position near the lens mount a bit weird, but the fact that there is no start or end to the ring throws me off a bit. It's also significantly stiffer than other quick-shift lenses I have (almost made me wonder if it was locked in AF, despite it being QS).
Of course the star of the show is definitely the DC motor. I have used Sigma HSM, but man, this is something else. It's smoother than butter; you will barely feel the lens doing anything at all. It's also lightning fast, with very little micro-focus hunting. I also love the sound it makes. It's not totally silent, but it's very quiet (about as quiet as the AF confirm beep at minimum volume) and very distinctive. It sounds quite "electronic", almost like some stereotypical old sci-fi movie laser beam. I've been randomly focusing on stuff just because I love to hear and feel it.
Haven't gotten a chance to really test the weather sealing, but there was some minor drizzle today. Some droplets got on the barrel, but when I retracted the barrel and zoomed back out, the droplets were instantly wiped away, so I assume the sealing is doing its job. Hopefully some more serious weather comes along. After all, WR is the primary reason I got this lens in the first place. November is supposed to be the wettest month for the PNW, and it's a La Niņa year to boot (supposed to be wetter than normal), but we've hardly gotten any serious precipitation this month (besides that nasty snowstorm last week).
I see this thing replacing the 18-250 as my general-purpose travel lens, in addition to being the all-weather lens I originally got it for.