I keep hearing that Full Frame is a bad idea
for Pentax, and that introducing a Full Frame dSLR will kill the company or consume all of its resources, because it will be too expensive and the market isn't big enough, etc. The same naysayers often assert that
instead of introducing a Full Frame dSLR, Pentax should introduce a
medium format digital camera. The market for medium format is far smaller than the 35mm format last I looked, and medium format has its own established players. A medium format digital camera would be MUCH more expensive than a Full Frame 35mm format as well, so, adding it all up, it doesn't seem like this is going to be a huge seller either - if anything, far less so than a full frame 35mm. I don't get the logic. If you honestly believe that Full Frame 35mm is a mistake for Pentax, it would follow that you should think that a medium format digital is a colossal mistake.
As for whether I would go for a medium format as an upgrade from APS-C, no I would not. I have an extensive 35mm outfit and simply want to get full use of it (i.e., I'd like my digital SLR to be in the same format as my film bodies). Why would I want to start from scratch? Ditto for all of the comments regarding the suggestion that I just go to Canon or Nikon (or now Sony, I suppose). I have been a Pentax shooter since my first SLR camera, and I don't want somebody else's. I'd rather have Pentax make one.
Point that I (and others) have made is that
Samsung is the company that has the resources for this. The large sensor doesn't have to be sourced on Pentax's dime at all. If you think Samsung is going to let Sony get a leg up, you don't understand the aggressiveness of this company. They invest tons into R&D and technology. Not to worry, Pentax stands to gain, not lose, by introducing its own Full Frame dSLR. The key is reducing the chip cost. Sony is supposedly going to "mass produce" their new 24x36 sensor, so I imagine they have some manufacturing improvements/cost reductions in the works as respects the sensors. Time will tell. My bet is on Samsung working hard on the same thing.
In any event, a big part of the reason for the high price of Full Frame dSLRs and the lack of price reductions over time was that there was no competition. You could have Canon or you could have...Canon. Now with Nikon and Sony pushing their way in, Canon won't be able to keep their prices in the stratosphere any more. Competition heats up, technology advances, prices are reduced, WE benefit. That is, as soon as we get one from PENTAX
Finally, if cropped formats are so advantageous (what with all of the equipment size/weight whining that goes on in support of APS-C), why aren't you folks running with open arms to Four Thirds? You would seem to be exactly what the target market is for that whole concept. If 42% of a 35mm frame is nirvana, then 26% of it should be heaven on earth!