I figured I'd share my thoughts as well, seeing as so many others helped me with writing about their experiences. This wasn't the camera I was going to buy, until it was $315. How could I lose giving it a try? It took a few days of getting use too, but I have to say I am impressed.
First, the build quality feels great. As an architect, I can appreciate the minimalist design. I can't quite describe it, but it's just kind of like a jewel box of a camera. Go hold a Canon or Nikon consumer dslr with it's plastic feeling body and lenses and then feel this camera, night and day. And I like the fact that it doesn't look like a camera. I am not trying to convince anyone else I am a photographer. This design also has flaws though. Your hand isn't a rectangle, so holding it isn't as easy as my K-r. I've gotten use to it over the week and am sure now I can get along with it, but I wish the grip was a little bigger and the shutter button more angled. The design changes your shooting grip. And I love the shutter sound compared to the clunk of the K-r. With the 40mm on it, I can put this in a small belt bag or coat pocket and take it anywhere (and the 40mm xs is nicer than I was expecting). Yes, it's not as serious a camera as something like a K-5, but it's a fun camera. You just want to hold it and shoot, like what I hear about the Q.
As for the screen, I can see it in 99% of the daylight situations. The only time you can't see it is if you are shooting down with the camera 45 degrees to the ground and you step to the side so the sun falls flat on the screen. Usually your head would fall between the camera and the sun, so it shades it. If you are shooting level, the angle of the screen to the sun helps and you can see the image, and many times you cast a shadow on the screen anyway. I really wanted an articulating screen like on the NEX, as I shoot allot of shots at kid level, but holding the camera out and low I can frame shots at a steep view no problem. Articulating is better, but this is a passable solution. For tripod work, the lcd beats negotiating your feet around the tripod legs and ducking down to see through the viewfinder. This is great for my interiors work. I keep hearing that you need a viewfinder to frame shots, viewfinder, viewfinder, viewfinder. Maybe with a telescope size lens mounted and handheld this is true, but for what I shoot, this works maybe better than a viewfinder. I can frame fantastically. And focus peaking, probably the best feature on here. For me it works great. I even keep it on in low light AF to verify what the camera's hitting. It has brought new life to my old glass.
There are of course some wasted opportunities with the camera as well. There is plenty of real estate for more buttons, two wheels, etc. It seems like the on board flash could have been made to hand angle to the ceiling for bounce just as easy. I would have loved a little curve area to rest your thumb at the upper right back corner. And the WB on my K-r was awesome in Auto mode. This camera the Auto WB misses too much. I end up having to mess with white balance all the time. And why no focus peaking during video? This would be so useful, seeing as you hear the Pentax screw drive lenses that sound like a dentist drill on your video if you AF during shooting. My opinion is still out on the AF speed shooting a moving toddler. The camera is better locking focus than the K-r in low light I think. It's been usable so far for movement. She doesn't have NFL receiver speed yet, so I think it may suffice, but I am going to play with it more. A dedicated video button has gotten me to shoot more video's this week than I did in 2 years with my k-r.
After reading too many forum posts, I had kind of talked myself into needing what every other Pentax shooter seemed to want, a 100% viewfinder and water resistance, so I was going to sell my K-r and get a k-511 or a k-30. When I really sat down and thought about it, that's not me. It would be nice, but I don't shoot BIF with long lenses in the rain in the Pacific North West. I am not an old guy with bad eyes or that's shot a certain way for 40 years. With all the things I dream of shooting, I actually just shoot architecture and interiors, and a toddler/family 90% of the time. I also live in a major city. If it's crappy out, I am not even standing out in the rain, much less taking pictures. What I really needed instead of WR was water proof and tough, for things like the beach, the pool, and snow adventures like sledding. These types of shots for me are happy snaps more than National Geographic contenders. For this I think I'll get a cheap WG-2. Yes, small sensor, etc., but you need what you need. If I break it, I won't cry, it may just be good enough as the second camera and fulfill my last 'once in a while' requirements, even if they aren't that of the pro's in here.
I'll update more as I get more time with the camera. Thanks everyone in here for answering my K-01 questions before I took the plunge.
Last edited by chiane; 12-06-2012 at 11:10 AM.