My 18-50mm lives on my KP as a general-purpose snapshot lens … to my mind it fits in well with the "compact-looking" ethos of the KP.
Good points … with the lens retracted, it doesn't take up much space in the bag … the lens-hood doesn't need to be inverted and remounted to work.
Bad point … difficult/impossible to use a polarising filter with the hood fitted, or fit the hood with a polariser fitted, whichever way you look at it
For me, image quality is a given. It's a Pentax lens, it won't be bad … some may be better, but it's perfectly adequate for most purposes!
The "plastic" mount isn't a problem for me. To use the term "plastic" is a little degrading. It's a non-metallic high precision engineering material.
Drop it awkwardly it may snap … probably no more likely than a metal mount bending under the same stress.
At least you can glue the "plastic" mount back together again
If your camera abrades the "plastic" mount to any extent, it probably does much the same to a metal mount … get the camera fixed!
My HD version cost me £60 on eBayUK just a few months ago … worth every penny