Originally posted by birdman59 Too late. They waited waaaaaay too long!
For me that is the case sadly!
Thing is too, what is the new lens line-up going to look like for it? The limiteds are amazing, and I would absolutely love to use my 43mm on it, but if the generally frugal Pentax users think prices are high now, the used lens market will skyrocket if a FF body comes out. Pricing for used/no longer made film era lenses (not talking the limiteds here) are already pretty high, and availability is also relatively scarce, and that is with people using them only on aps-c. Any FF buyers/upgraders will immediately begin seeking out those scarce lenses.
Also, without it even being announced there have already been a few posts in here about waiting for the body price to come down before they buy - until that sort of mentality is gone the FF body is going to be a tough sell for Pentax. Then you get into 3rd party support, which already isn't stellar and would likely be another couple of years before K mount releases of existing sigma and tamron lenses (mainly sigma I guess), not to mention tokina's very well reviewed Fx lenses.
I wish it would have come sooner, or at least be announced, officially, from the start. I absolutely love my remaining Pentax lenses and will never part with them, but with the exception of my 43mm there is no draw with the 15mm or 50-135mm to FF for me.
With all of that said I can't believe the posts in here hoping that a FF Pentax body would be able to compete with canikon spec-wise - Pentax makes amazingly user friendly pro-spec'd bodies already - the control they already offer in the K-5/ii/iis is very well thought out and easy to grow accustomed to, there is no reason to expect that a FF body would be any less (and likely quite better), and spec'd above the competitors in the price range Pentax chooses to compete.
I assume Pentax will make a body as robust as the K-5 build (likely slightly larger - a throwback to the k10/20 I would absolutely love to see, but I always loved that build and it was probably larger than necessary), and that they will be able to tweak whatever sensor they use to a greater extent than Nikon or Sony (Pentax always pulls the most out of a given sensor, that is pretty much a given in my mind). Great body, great sensor and pair it with some of the goodies that the other manufacturers are using such as gps, wifi (think tethered phone/tablet apps) - some people will frown upon that stuff, but it needs to be in there to compete. price it competitively around the d600 and 6d and Pentax will have a winner, no question.