My real point, though inelegantly and impertinently stated, is that it appears the current market demands an entire FF system, not just a camera body. For Pentax to develop a full system would, in my opinion (and that of securities market analysts) require a significant and long-term commitment of capital. The commitment would need to be so large (according to securities market analysts) that it would negatively affect
Ricoh's profits over the intermediate term, not just Pentax's Income contribution to Ricoh.
I'm not saying Ricoh won't make the commitment, but I've written on many posts that the finances of producing a FF
system at Pentax's market share and Ricoh's current financial condition are at least daunting. Pentax has been in this position for years - as you cxorrectly stated, the decision isn't easy nor clear. It is my belief that the old Pentax was somewhat risk-averse; we had thought Ricoh was our savior with their capital and bold early statements about competing with Canon and Nikon. Yet we are still where we were.
Something is and has been holding Pentax back or the camera would be in our hands..
Originally posted by Dan I certainly have not said that they should have released a FF camera in the past. The issue of timing is important. It's quite possible that Sony entered the FF market too soon. Surely you will acknowledge that the economics of FF sensors and cameras has been changing. I do believe that Pentax should release a FF camera in the near future. We will soon find out whether Pentax agrees with me. Whichever direction they take, we will also find out if it was successful.
I continue to be puzzled by your rhetoric. Even if Pentax makes the wrong decision (whatever that may be), how does this make Pentax "gross incompetents"? Regardless of which approach proves to be the best, isn't it possible that the correct decision is not obvious? People and companies often face difficult decisions. Sometimes they make the correct decision and sometimes they don't, but unless the correct decision is obvious they should not be accused of "gross incompetence". Since you say that you welcome my "enlightement", here are a couple of tidbits that you may find helpful: (1) tone down the rhetoric; and (2) be open to the possibility that those who disagree with you are not "grossly incorrect" or "gross incompetents". Things are not always so obvious. Of course I could use to take my own advice, since I am also guilty at times of overly heated rhetoric and insufficient openness to the ideas of others.
Dan