I own/have owned 3 different copies of the Sigma 100-300 f4 for nearly 10 years.
I also own the Sigma 300 f2.8 and Sigma 500 f4.5. I have owned a Sigma 150-500, 50-500, Pentax 55-300 and 150-450 and Tokina 80-200 and 400 f5.6.
I wish I had experience with the DA* so I have 100% clarity, but I feel my experience with long zooms gives me a pretty good feel for what to expect.
In my experience the 100-300 outperforms every lens I have owned save the Sigma 500 f4.5 and Sigma 300 f2.8.
I would expect images from a 100-300 to be similar to the DA* 300.
Here are several other things to consider;
Sigma lenses are notorious for NOT playing well with Pentax CDAF. Any focusing testing should be done via manually focusing. Calibration is also tricky because of this, but it just takes a extra time little time.
The Sigma 100-300 comes in TWO different versions, version 1 has square dimple like grip, version 2 has a vertical ribbed grip. If you have version 1 it is a well documented fact that some copies of this lens have irreconcilable back focusing issues at f4. I owned two copies of version 1 and suffered through this frustration for years before selling and eventually acquiring a version 2.
here is my marketplace ad for my most recent sale (my first version 1 was stolen and replaced with another version 1 before I "knew" better:
Sigma 100-300 F4 - Great Price - As is - Read Description Carefully - PentaxForums.com
note the discussion in the ad as well as a link to another thread as well:
https://www.pentaxforums.com/forums/10-pentax-slr-lens-discussion/288879-sig...ml#post3161437
if you have version 1, you may be suffering from this lens idiosyncrasy.
In terms of returns, I can only speak from my perspective: based on lens performance in pictures, I would ask to return the lens. From a seller perspective, I would ensure you have covered all calibration and focusing methods, even walking you through the steps. If in the end, your camera and this lens just do not play well together, you would ship the lens to me at your expense (fully insured) and upon receipt of the lens, I would refund you your purchase price less incurred original shipping.
Originally posted by Stavri I used to have the Sigma 100-300 f4 among other telephoto lenses (Pentax A* 400 f5.6, Tokina At-x 400mm f4.6, Sigma 400 f5.6 Apo Macro, Sigma Ex Dg 300 f2.8, Pentax F* 300 f4.5 & DA* 300 f4) In terms of IQ the EX 300 F2.8 was the top of the heap.
FWIW I own Stavri's 300 f2.8 now...