Originally posted by BigMackCam and the AF matrix in our Pentax DSLRs isn't currently granular enough to support even single eye AF, IMHO.
I think this is the main reason. An eye is pretty small in the frame, and tracking its movement would need a lot of small AF poins.
Live view could be done more easily, like face detection, but it would still have possible failures when it would detect other random spots as eyes. The face detection is not that great right now, and I imagine finding eyes is even more difficult
Still, it is a feature that Pentax should add eventually. Even if only in live view