Originally posted by falconeye BTW, I wonder how Nikon deals with that situation ...
Well, I looked up list prices as quoted by Amazon Japan:
K-5: 142,839 Yen (Pentax' own Japan store quotes 139,000 Yen though).
D7000: 138,000 Yen
(The actual trade price for both is the same 125,000 Yen (800 Yen difference)).
139,000 Yen are $1709 USD
125,000 Yen are $1534 USD
I can imagine that K-5 and D7000 being equal price in Japan but priced so differently in the US is a pure result of the moment of price announcements and a big change of US currency value in between. Consequently, equal time street prices should become the same.
The K-5 MSRP is too high but maybe, Pentax keeps it as it is until the exchange rate stabilizes. Just don't purchase at MSRP