Metz flashes, at least the ones that I have (54MZ, 40MZ with appropriate SCA modules), have "smart auto" mode: set the camera in auto, and it will take the ISO and the aperture settings from the camera. When the flash is ready to fire, if the camera is in Av mode (the only mode I use besides M), the flash will set shutter speed on the camera between 1/30 and 1/180, depending on the focal length of the lens.
Also, it's known that p-TTL in Pentax K20D and older DSLRs is very unreliable. It is significantly improved starting with the K-7.
The AF540FGZ tries to go back to p-TTL whenever it has a chance. This is very annoying.
I don't have my 540 here to test, but as I remember, if you manage to set the flash to auto, and the camera to Tv, the camera will take the settings from the flash, which is the reverse from the way Metz flashes work. I'm not sure if I would call this "smart auto."
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