I have had one of the screwdriven 55-300 f4-5.8 models and the f4.5-6.3 PLM. The short answer is, I agree with other posters: if it is within budget and you have a camera that supports KAF4 (ie K-50 or later), just get the PLM. It is a great combination with the KP.
My subjective impression from using these two zooms for some time is that the resolution on the older screwdriven model (mine was the DA-L) is about as good at 300mm f8-f11 as the PLM is. Here are two examples at 300mm f8, both taken with the KP, the first with the screwdriven model and the second with the PLM.
Hardly anything between them in terms of resolution, with a good copy of each.
But IMO the PLM is better at wider apertures. Stopping down to f8 is still an advantage, but you can get very good results at 300mm f6.3
With my screwdriven model 55-300 I don't think the results at 300mm f6.3 were as good. The same is true at other focal lengths: the PLM doesn't need to be stopped down as much. Even though the PLM has a slightly narrower maximum aperture across most of the focal range (e.g. f4.5 v f4 at 55mm; f5.6 v f4.5 at 200mm; f6.3 v f5.8 at 300mm), the fact that the PLM is more usable wide open largely overcomes this disadvantage.
Like many consumer zooms, the screwdriven 55-300 is rather prone to nisen bokeh, like the lines you see in the background here.
The PLM rarely exhibits this. In fact its bokeh and rendering are generally very good for a consumer zoom - no doubt because of the rounded aperture blades.
And of course the PLM's real party trick is its much faster and quieter AF - the ideal lens for the fleeting, once-in-a-lifetime wildlife opportunity:
Even though the maximum magnification is about the same, the PLM has a shorter MFD (0.95 metres v 1.4 metres) which is a big advantage in the field. It also folds up to a more compact size.
The build quality is good, but I'd add a word of caution. It doesn't take a lot to break the plastic barrel, especially with the lens extended. You don't need to baby it, but take more care than I did:
What to avoid with your 55-300 PLM lens! - PentaxForums.com
For PLM samples and discussion, see this thread:
HD Pentax-DA 55-300mm F4.5-6.3 ED PLM WR RE - Show us what it can do, what it CAN'T! - PentaxForums.com You will notice how popular the lens is for shots across the focal range, not just at the long end. You'll see some fine landscape images in this thread.
The one other comment to add about the PLM is that the slow maximum aperture at the long end can hinder focusing when the light is poor. The practical solution is to back off to where the maximum aperture is f5.6 - around 260mm. There seems to be a meaningful difference between the ability of each of my current cameras (KP, K-3 and K-S2) to focus at f5.6 compared to f6.3 in mediocre light.