Originally posted by Rondec Unfortunate, really that this is the case. It isn't that there haven't been sensor improvements, it is just that those improvements have only added more megapixels, faster read frame rates and better video while the still image quality remains fairly static. There is still plenty of room for improvement on a K-1 II sequel, but I'm afraid that single still shot dynamic range and high iso performance likely won't be much different from the K-1 and K-1 II.
Yes ^
It feels like sensor performance hit the limits of physics and they went for more megapixels or adding BSI for a tiny bit more high iso performance (usually at expense of DR).
I looked at the comparison's with K-1 and initially thought it was worse in the compare tool. Then I downloaded both RAW and JPEG and it's just that Pentax doesn't do JPEG processing as well IMO. The RAWS look great. This is the same thing that happens with my K-3 which is why I almost exclusively use it in RAW.
Taking everything in perspective ALL of these cameras have great performance though for the sensors as well as they're all pretty close in DR and ISO now. For me personally it's not purely the sensor that's going to sell the camera, it's the ergonomics of the camera body, the lense options, autofocus performance etc that is more important than minute differences in the sensor when zoomed in at the pixel level and then overexposed in post to see differences.
I'm much more excited to see something like Apple's ProRAW (combined RAW's) in the iPhone making it to FF cameras in the future and then we actually see a huge jump in RAW performance in DR because we'll get the cherry-picked data of a dozen RAW's into one great image to work with. If that ever happens, I hope it does.