Out of curiosity, which value does your shutter stick on? Is it like my K-x (1/125), the K20D (1/90), or some new random number?
As mentioned, it would pretty much make M42 lenses automatic, except to change the aperture you rotate the ring.
You said it'd be interesting if it did set the shutter speed based on focal length, then ask why would you want to do that?
If I narrow down the auto ISO, all it will do is make it so in bad light it will lower the shutter speed earlier. Might as well choose manual ISO so I know what it is doing.
Auto ISO with manual aperture lenses is worthless unless you have a lens with a FL that the random shutter speed that the camera picks is worthwhile. So it's ok with my 135/2.8 if I hold it well, and will be OK with my 85mm. My 28mm I'd rather use manual ISO to get a lower ISO and slower shutter speed, and same to some extent with a 50mm.
My 200mm may be stretching it, and mirror lenses need not apply to auto ISO.
It would be sweet if the K-x would change the ISO with the e-dial directly, but I don't think it can. However it is an improvement at least over the K2000, since I can change it with the e-dial when I push the right d-pad button.