Originally posted by pichur low cost dslr that foregoes the plethora of menu driven options
I think you are over-simplifying. Yes there are a lot of options in the menus but many of those existed on film cameras as well, just in a different format.
-- ISO: today you can change it on the camera, with film you had to select the film speed appropriate to the scene you were shooting
-- White Balance: today it is either automatic or can be set on the camera, with film they sold a lot of filters for daylight, morning, evening etc to get things to look right
So some of the things that the camera can do now had to be done manually but they still had to be done.
And the majority of the camera settings are just giving you the option to setup or design how you want the camera to work. Set them once and never look at it again. Although I will readily admit the sheer number is overwhelming at first.
But to answer your question, no, no chance at all. Digital requires some of those settings no matter how simple you want the camera (ISO, WB, file format) and stripping out the non-essential stuff would not really save any money.
Compare the k-r and the k-5, far more non-essential rigamarole on the k-r (scene modes, program modes, autopict) than on the k-5 but obviously not less expensive. It really does not cost much to add those things and feature comparisons are what make buying decisions even if those features are never used.