I have had a K1 now for about 18 months after waiting a year to see how it performed here on the Forum. I too also had the opportunity to have the body upgraded to the MkII. Early in the upgrade window I was excited to do the upgrade, but wanted to understand what it actually did. As everything unfolded, the upgrade was primarily enhancing the high ISO, which started around ISO 1600 to 3200. So, for me, I saw little benefit. Then about 6 months ago, I found this website which actually had a comparison. Just select the K1 and K1 II from the scrolling list on the right hand side.
What you will instantly see is that the Accelerator chip kicks in at ISO 800 (where I shoot astro), and it has a defined benefit of 1.66 stops of dynamic range (over the original K1). That information right there would have been enough to move me off the mark. It would have made a difference to my shooting - but the information was not really available by last Sept (I didn't find it till earlier this year - and I was reading everything).
Am I bummed? No, not at all. I actually have no regrets not upgrading. The additional dynamic range would have been nice, but I get a tremendous amount all ready, so I'm very happy and pleased. I shoot at ISO 800 and run astro exposures at 50 to 70 seconds at 15mm. I'm very happy with the results.
Now there is an astro based review by Lonely Speck (Ian Norman) at this link. He even shot the Milky Way with the 24-105 lens at f4 and got great results.
This last weekend I took an abbreviated 3 day - night photography (Milky Way) course through a local camera shop for $99 bucks, from the same lady that conducts the 3 - 4 day course ($3K to $4K) for Arizona Highways and she shoots for them too. She also offers the same course through her own company for about $2k. She has shot with just about everything, but currently a Sony A7rIII. There were about 30 of us, all total - last Saturday night we were out shooting. She came around to everyone in the evening to see how everything was going - me and the K1, and she was very interested in the K1 (both on the night shot and the next day post processing everything). She just might be acquiring a K1 just for the astrotracking. She has an equatorial tracker, but at times Polaris is not visible, etc. - and the K1's calibration is very simple.
The group had a wide range of bodies and lenses. A lot of D800/D810s, 5D4s, a lot of the Sony A7rII and III, etc, etc., etc. The K1 held its own very easily.