Originally posted by normhead As for people talking long glass that's not heavy... that is seriously why the 300 and 1.4 shine. As for it not being an adequate solution, the 1.4's cost in IQ is 3%. You can lose that much going from 800 ISO to 1600 ISO. Keep it in context. And the fact that the 300 loses 3% of it's resolution with the TC, in no way suggests you can actually make a 400 5.6 that's sharper for the same money or even quite a bit more.
I've got a Sigma 400 f5.6 tele macro and a Pentax FA*300 f4.5, which I use with a Kenko 1.5x TC (which is really 1.4x). Since I got the FA* +TC I don't use the 400 much. The FA*300 + TC has three disadvantages compared with the 400 f5.6: 1/3 stop slower (equivalent of 420mm f6.3); doesn't have a focus limiter; and the equivalent focal length isn't passed to the camera for EXIF and SR. Oh, and it doesn't have a retractable hood like the Sigma. Limiter aside, autofocus is about the same. In every other way, the 300 + TC is better: sharper, lighter, more compact, better IQ generally. And of course it also gives me a stellar (as the name says) 300 f4.5. The relatively light weight and compactness alone are a killer benefit.
In theory either combination should work fine on 36x24, but I don't have a K-1 so I can't confirm.
TBH it would be hard for me to justify spending $$$$ on a new 400 f5.6, even at similar weight and bulk to the Sigma, for DC AF, WR and newer coatings.
If you want a currently available 400 f5.6 to use on Pentax APS-C, you've already got two options, each WR, and each with quiet AF: DA*300 + 1.4x TC, or DFA 150-450. (Not to mention the Bigma which is f6.3 at 400.) You're not going to get better IQ than either of these from a 400 f5.6, nor a lighter more compact setup than the 300 + TC, and you won't get the versatility of either setup, and it won't be cheaper.
If you want 400 f5.6 on FF, you've already got the DFA 150-450.
So where's the business case for Ricoh to make a new 400 f5.6? FF users who want a longish prime, less than the 560, and significantly lighter/more compact than the DFA 150-450, and APS-C users who want lighter weight and less bulk than the zoom and better AF than the 300+TC? If - and it's a big if - there is enough demand amongst those users to make a new lens viable, surely both those issues would be better addressed by making a DFA 300 f4 and a FF-compatible WR TC? That would be far less a niche product than a DFA 400 f5.6.
Incidentally, apart from the Canon EF 400 f5.6 L (released about 2006), is there a single 400 f5.6 still on the market in any mount? I don't think Sigma still has one, and Nikon doesn't. If the big guys don't think they can make a buck from a 400 f5.6, why do we think Ricoh could?