Originally posted by bob_oi as I see it, video quality is perhaps the only thing that makes the difference between being a "good camera" and "great camera" for K-1
That's a very subjective view - perfectly valid but, respectfully, not one I agree with. Our video enthusiasts here will undoubtedly agree with you to some extent, though. They'll certainly - and quite rightly - pick up on the K-1's below-class-standards of video capability. But those of us who care primarily about stills photography (and I'd wager that's a majority on these forums) just don't see it as a big issue. The things that make it a great camera for many of us are image quality, build quality, weather resistance, ergonomics etc. - and, of course, price. If it had good video capability, that already-great camera would become a great camera with great video - something all of us would be pleased to see, but the majority of us aren't too concerned about.
I certainly don't think Ricoh / Pentax is holding back on video capability intentionally. If it had already developed that capability, you can be sure it would be included in the current and forthcoming products...