I posted the following in another thread, but I will drop it here as well as I think it's relevant to the 'discussion' here.
The arguments about Pentax cameras not really being Pentax anymore because Ricoh now owns the brand seem ridiculous to me. For most of the life on the brand, Pentax has been just that, a brand. The company making the original Pentax cameras (from 1957) was Asahi Optical.
The company wasn’t renamed to Pentax Corporation until 2002. In mid 2007 Hoya bought the controlling interest in Pentax Corporation and in mid 2008 Pentax Corporation and Hoya merged. At this point, Pentax as a company effectively ceased to exist, but the brand continued. So technically, “Pentax” as a company only existed for 6 years. Prior to 2002 Pentax was a brand name only.
Hoya separated the Pentax camera business from the rest of its operations in 2011 (creating Pentax Imaging Corporation) which was then sold to Ricoh, who continue to develop and market Pentax brand cameras. It’s exactly the same situation as the previous 3 years when Hoya owned the brand, and not really even different to the previous 50 years when Asahi Optical owned it.
As a long time Pentax user, I would be sad if the brand disappeared, but as long as the cameras produced by Ricoh Imaging (or anyone else in the future) continue to be compatible with current
K-mount and old K and M mount lenses, I don’t particularly care whether they have Pentax written on them or not, and I'm amazed at how much some others do care.