Originally posted by Pelto Would like to suggest something else, namely Sigma 17-50mm F2.8 EX DC HSM.
This is the one I went for. I have it for when I want greater aperture, and it has been a fine performer. Not WR, but a very well-built and well-designed lens. A top-notch copy should be available at a much lower price than the Pentax DA* 16-50mm f/2.8 so you could put the savings towards a camera upgrade. I also have the DA 18-135mm WR lens, now some 10 years. It is better than its reputation, as my newest camera bodies have revealed. I now shoot with the KP as my main body. This can be seen when reviewing the thread "DA 18-135mm WR Show us what it can do" upon starting with the last most recent page and going backwards. You will find upon scrutiny, the improved image quality (depending of course on the photographer and subject matter) those taken with more recent camera models like the KP will exhibit the improved image quality over those taken with more vintage camera bodies. The more you look at a larger number of examples, the more you will see this. Proof that his lens keeps up with advancements instead of being surpassed in quality!
The tool that works best for the occasion is the one to take. DA 18-135mm is great for those family candids you mentioned. If you had a K-70 or better yet a KP, the superior high-ISO performance can allow going without flash to accomplish success in getting what you are after. And the camera upgrade will reveal how good your lenses really are, if they are up to the challenge! If I am out for max quality along with low light needs, I take my Sigma 17-50mm f2.8 along with my Pentax DA* 50-135mm f/2.8, a wonderful combo. Otherwise, it is the DA 18-135mm WR and I am happy to have it. Since the arrival of the new K-3 III, there might be more used KP bodies appearing for sale.