Maybe we need a sticky on economic theory?
I would say a couple of things. For those who think the K-1 is over priced, I think it is hard to argue that. The price is mostly based on what people are willing to pay for it, not based on the cost of components and distribution. In particular, if sensor supplies are short right now, then it makes more sense for Pentax to have a higher price until that bottle neck ceases. In addition, Pentax wants a certain amount of profit from each camera body sold and if the exchange rate is worsening then they have to bump their prices to maintain that.
Most of us don't really "need" a camera -- particularly not a full frame camera. If you truly need a full frame camera -- that is you shoot professionally and would benefit from having a K-1 plus f2.8 zooms -- then a 200 dollar increase is not going to be the end of the world and will not sway your decision. On the other hand, if money is tight, then continuing to shoot with APS-C for awhile and waiting for used K-1s to hit the market is probably the way to go. APS-C does offer very good performance these days and for a lot of images, you would be hard pressed to tell the difference.
In the end, the question is what the cost is of our "wants." It is frustrating when I want something and it is out of my budget. But that still doesn't mean that the thing is over priced, just that I am poorer than I wish I was.
Last edited by Rondec; 10-04-2016 at 03:38 AM.