While I am sad to see the KP go, I guess it was inevitable. I think the KP will go down as a Pentax Classic due to its capabilities and unique aesthetics. I hope Pentax continues to make small, unique cameras and doesn't start making "cookie cutter" cameras like the other guys. The uniqueness is a reason I went with Pentax. I figure if I am carrying a conspicuous camera, I might as well look good doing it!
And the KP DOES look good!!
The KP will probably be fairly scarce on the used market, but when my KP finally needs replacement, I could see myself going for a used one!! If you are on the fence about getting one, do it now while you can still get a new one. The KP is a great camera and unlike anything else on the market!