Originally posted by luftfluss ?
Does this new adapter provide teleconversion, or reduce quality via glass elements?
To make it an TC was the only option for Pentax as the lens moved further out from the camera with the adapter, otherwise it would not be able to focus on infinity. And Pentax also wanted to support heavy lenses so moving the whole lens back and forth would not work very well.
But having cameras with shorter register distance make some stuff much easier to do.
I suggested an adapter like this years ago when there was rumors of a new mirrorless Pentax system, but then K-01 came instead.
As the whole lens is moving, I guess it can also be used to focusing closer.