Originally posted by regor To me the possibility or a surprise announcement for a K-3 seems pretty improbable. Such announcement would kill all sales of the K5II before it even started. The K-5II and K10 were the low-hanging fruits for Pentax, who had to get something new out, but having spent much efforts on getting the K-30 out the door, and working on the next generation flagship in the same time after yet another take over, was no doubt pretty challenging in itself. They may announce future body road map to keep Pentaxian salivating, but that is as much as I hope for.
I don't agree with the highlighted part.
If the hypothetical K-3 sold for $1700 or so and had features worthy of the price, the K-5ii would cost $500 less. That's a pretty big price difference for many purchasers and leaves room for both cameras.
Granted, I'm part of a small niche within the camera marketplace. The spot where I feel most limited by my current K-r is astrophotography. The K-r is great for what I paid but less noise from long exposures is important because I use that so often. My next DSLR might be the K-5iis, or the mythical K-3 if its extra features are meaningful to me. Either camera would also give be a significant improvements for normal terrestrial photography. I don't want full frame because the wider corners put more demands on my telescope optics.
I'm not a Pentax fanboy. A Canon APS is tempting because they have better tethering support with most astrophotography software. Or, I might go beyond the DSLR and buy a cooled astronomy CCD, but I have a hard time justifying $2k for a camera that can
only be used tethered and cannot take conventional daytime photos.