Originally posted by beachgardener you, me and jatrax, who is the other?
Me.
To be fair, I think many of the development costs are overstated because the thing could be built with off-the-shelf parts, and I think a junior Pentax engineer working in their spare time could probably cobble something up which would fit inside a K1000 or Spotmatic shell (an M42 DSLR might even have more retro appeal). But it would still be an expensive boutique proposition, and Pentax would want to be very sure of its market before it put money into a thing like that.
Right now it has better things to do with its R&D budget - like getting the D-FA* 50 and 85 out for the K-1, polishing up a K-3ii successor, and finding a way to bushwhack Fuji and somehow leave the GFX50 lying in the dust while still remaining as affordable as the 645Z.