I took my own advice and bought a K-01. I got it for $316 with the 40XS lens and feel that is a steal of a deal.
For those who have been reading my posts for some time they know that I was an early and vocal critic of Pentax and the K-01. I did handle them and found the ergonomics severely lacking and the rubber SD card door a joke. I have never negatively commented on IQ. I also found the initial price to be absurd for a camera with no view finder and other issues.
Now that I own a K-01, in Yellow by the way, I have other thoughts and wanted to share them. I was struck by the praises in several recent threads that are a bit Pollyanna IMHO. Hopefully I can offer a balanced perspective on the K-01. As background I have owned a K-x, K-r, K-5, and Q (in addition I have several film SLRs by Pentax). I still have the K-5 and Q. My lenses run the gamut from Limited Primes to Consumer Super-Zooms in both AF and Manual flavors.
Image Quality - Excellent - period. The IQ on the K-01 is slightly better IMHO than that coming straight out of my K-5. I realize this is weird given the nature of the sensor and other issues but it’s what I am seeing under real use, non-controlled, circumstances.
Autofocus - Good. Once I installed the new firmware things got a bit faster. It's still not as fast as my K-5 but it’s better than the Q. Accuracy, its apples and oranges for accurate with the two focus systems. I can say that it and the Q are on more equal ground but again I find that the K-01 nails the focus more often than the Q but that may have to do with DoF and crop factor.
Image Write Speed - Poor. It just doesn't take pictures with any real speed at all. On the menu for continuous shooting they have disabled (but it’s still present in greyed out form) the Hi option, so at least they are being honest. Side-by-side my K-5, in the same AF mode, can run rings around the K-01 in the number of images taken and written.
Ergonomics - Poor. Don't care what others have to say, it's a PITA to use the skittle buttons, and the shutter button and the on-off switch design have made me miss the press more than any other camera ever. It's a brick and it is nice to be able to sit it on a flat surface in Portrait orientation but its clunky to handle and the smokestack knob for the mode is huge and disproportionate. The Flash button gets hit by accident, again more than any other camera I have owned, because of its placement. Bottom line is that form took primacy over function in this design, and that is never a good decision outside MoMA.
Intangibles - Good. It uses K mount lenses natively which is a real plus for Pentaxians but relatively irrelevant to non-Pentaxians. Bottom line is that Pentax is an obscure brand with a limited lens lineup now so the K-mount feature on a MILC is not a big selling point outside our community. Common battery with my K-5 is another plus but only for someone with a K-5 or K-7, for others AAs would have been a MUCH better selling point. Negatives are the SD card door and its double layer and the rubber outer cover - it IS going to break, perhaps not right away but it will and I can find no listing for a replacement anywhere on any Pentax website. I hope they have a good supply of them. Rear LCD appears to be superior to the one on my K-5, not sure if it’s just me or there is a real difference I haven't found that spec to compare online.
Bottom Line - I own the K-01 and am impressed with the IQ and image output, which is the real measure of a camera IMHO. The ergonomics are pretty bad IMHO but at $319 with the 40XS lens are something I am, obviously, willing to deal with for now. Would I own this as my only camera, even at this price, no way. Because I already own a range of K-mount lenses and have D-LI90 batteries it makes a descent 2nd camera for me. Why Yellow? A couple of reasons really. It's different. It's less intimidating than Black because it doesn't look as professional. I am finding that the reaction to my K-5 is FAR different from the reaction to my Q, even though both are interchangeable lens cameras in black. The yellow on the K-01 is also defusing the "Pro Camera" reaction from others already and getting me more true candid photos immediately. Overall, if you own a K-mount camera and have the lenses already getting the K-01 at $300ish makes a good bit of sense to me. If you don't already own K-mount lenses - why? So, for now it has a place among my cameras and I hope to enjoy using it as much going forward as I have my Q.
Last edited by Docrwm; 01-09-2013 at 01:57 PM.