Good Morning,
I acquired the lens about 4 years ago for $700 kicking and screaming all the way. Prior to that Pentax use to have $100 off "sales", and I missed the last one. I would buy it again, but would not be too happy with the price. I also have the 8-16 and the 10-17. All three would appear to be pretty close - and to some degree that is true, but in the ways that they are similar, they are also very different lenses (purchased for very different reasons). I did a comparison across all three in a thread a while back....
I do like the lens very much - one of my favorite and most used lenses. For its focal length the distortion is well controlled. The 8-16 can be too wide (a personal opinion). There are times where the 10-17 even though it is even wider, when applied correctly - the bend is well hidden and you get a very natural looking image. After having said that - you do have to work at it, natural landscapes with out a lot of straight lines works the best. Also, there have been shots that it should have worked well, and there was just no way I could get what I wanted.
I have shot a lot of sunsets with it and had virtually no CA. A couple of weeks ago, I was in a very dimly lite antique car museum, with an extremely harsh light coming through windows back-lighting everything and I had CA in just about every shot. Its very easily solved in Lightroom by the way.
With Black Friday a week from tomorrow, I have no idea as to what it might actually go for, but that is the day that Pentax usually "adjusts" their prices.