Originally posted by falconeye Will soon drop below $1000, only halted by the current $ weakness.
Hopefully, this is true. But I wouldn't be surprised if it stays at the current price for at least the rest of the year, if not longer. Comparisons to the lower price of the Nikon D7000 are misleading, because the D7000 is hardly a perfect substitute for the K-7, for the very simple reason that it won't work with Pentax glass. These semi-pro models appeal most to those who have already invested in their brand's glass. There are very definite costs to switching, in terms of both loss of money on selling off glass to the hassle of the whole process. Now within the Nikon ecosystem, the D7000 is unique mostly in terms of its video features, and not in much else. Nikon produces other cameras with just as good, if not better, specs. The K-5, on the other hand, is very unique within the Pentax realm. Pentax has never made a digital camera quite this good. It's the best K-mount DSLR ever made, and therefore it can be sold at a higher price than the D7000 (which is hardly the best Nikon DSLR ever made).
Of course, this is not to say the K-5 won't come down at least a few hundred dollars. Pentax is currently profiting off of those consumers who want the K-5 so bad that they're willing to pay $1,600. As soon as the market at that price point is saturated, the price will drift downward. But how soon this will be is anyone's guess. If (as is not impossible), Pentax has not manufactured enough product to meet demand lower price points, the price may stay above $1,500 well into next year.