Originally posted by junyo Wow, and all you have to do is buy all new lenses to take advantage of it... Thus negating mount compatibility.
The idea only works if you're forced to re-buy focal lengths, in lens that are small system only, since the intrusion will make them a no go on anything with a mirror. So in exchange for avoiding an adapter (yay!), you've welded an extension tube on to the body (um, I guess yay?), which pretty much raises the cost of entry for anyone contemplating a switch from another brand (boo!).
Awesome marketshare building.
People can keep coming up with magical ways that this makes sense, but it really doesn't. A NEX7 with their 16mm pancake mounted is darn near the depth of a K-01 body; good luck making a lens so deep in makes the host body thinner. At any given focal length you've given up a couple cm before you've even started, and now you have to jump through hoops tucking parts of the lens inside the body just to hold ground, let alone trying to have a smaller overall package.
Hm, one can see it that way, or another way:
Pentax has at this moment a nice set of small high quality pancake-lenses, which might all be used by this camera with all their functionality. Mounting a 40 mm (be it xs, or even the regular one is thin) or the 70 mm will give an overall size which is ok and has to be matched by some other systems with this functionality (AF, full aperture control..., quickshift and focus peaking!). Sony can't, they don't have the lenses, at least not now.
On the other hand additionally in the wideangle area lenses can be made even thinner for mirrorless cameras. This doesn't make sense for tele lenses, but if the 21 mm or 15 mm are produced especially as protruding xs versions (actually, the optical formulae must be different, if the position of the lens elements is not the same). So with two new lenses you have the option of a very compact prime system AND you keep the benefit of the full compatibility of all K-mount lenses.
Is the glass half full or half empty? Your choice, which doesn't tell so much about Pentax but more about the commentor, but fair enough.