I don't own a K7 right now, but I do plan to buy one eventually. I can honestly say that I have never regreted buying a camera, although there have been a couple of times when in hindsight, I wished that I had bought one sooner. The K20 is actually one that I wished I had purchased sooner. I had read a lot of threads about the K20 being about the same as the K10 and complaining about the lack of differences and I thought I would just skip it, but when the price came down enough, I got one. I found the differences to be significant and I wished I had up graded sooner.
I don't understand the focus on high iso noise. You can shoot the K20/7 to iso 1600 without noise reduction and at 3200 with noise reduction. If you really need better than that, you should probably look at full frame.
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