Video isn't hideous though. While it would be disingenuous to try to place it at the level of any of the current cameras out from Canon, it can do fine for certain situations depending on how to you'll be using the video.
1. First turn off the Movie Shake reduction, it's digital and doesn't use the hardware. This results in strange wobbles when the camera moves, but that will not be a problem with the Movie shake reduction off.
2. The stereo microphone is not really good for much, I'd recommend at Rode VideoMicro. This is the case for any other camera out there though, external microphones will always be a good investment that can be used on any other DSLR or Mirrorless you might purchase in the future.
3. Use a fluid head tripod.
Plan your shots for pulled focus if it's preplanned video. All the top end cine cameras are frequently operated this way, so you'll feel more "pro"
Practice with video focus plenty prior to your planned event so that you learn what conditions lead to hunting for focus that would be a problem during your shooting, likely you'll switch to AFS and periodically back button focus when needed.
Between the K-70 and my Samsung S7 Edge, I'm finding I've got my own video needs covered. But it's not a meal ticket solution. Again, it depends on what it's for, if it's a lot of walking action type shots? Buy an inexpensive smartphone gimbol (Zhiyun Smooth-Q 3-Axis is every bit as good as the DJI Osmo at half the price) and your smartphone will do all those with aplomb.
For all the rest of my camera needs it's just right. I suspect that it even teaches me to plan better for my photo's. For example, I'm not a pro sports shooter, but with practice I'm getting more keepers than I can store for my families events, both outdoor and indoor. But I did spend extra on some fast Sigma glass too. I can only imagine a Pentax PLM that is 2.8 or faster. I've rarely used the 55-300mm PLM lens I bought, faster lenses with HSM motors still seem to kick it's can. Come on Pentax, I'd pay twice the price for a fast 18-135mm PLM lens even though I've the kit lens that came with the camera.