Originally posted by thibs K70 won't be replaced IMO
KP - K-new - K1 II (and respective replacements)
I feel the same way. KP line for street/travel (compact body that plays well with Limiteds and lightweight zooms like 18-135/55-300), K-New line for action-oriented photography (deeper grip to hold the large lenses better, best AF/frame rate that Pentax can offer gets debuted here), K-1 as outdoors/portrait camera (chock-full of features, uncompromising IQ).
Maybe we'll see a merger of the K-70/KP lines into something with the KP's build quality but the more "conventional" DSLR form factor and size of the K-70? It would still be in the price range of the KP most likely, however.