What's it like? Pro quality glass.
Is it worth the money? Yes, if you can afford it. I got my copy at a crazy Amazon.co.uk blow-out sale. At least lenses are much cheaper for you on the other side of the sea. Second hand is no problem in my eyes, SDM issues seems very rare for this lens.
How is the IQ, focus, weight? IQ is really good. The times I get a blurry and bad shot and blame the lens always backfires when I get super sharp shots and realizes that I'm the limiting factor, not the lens. It's so sharp it has proven to be extremely useful both on the Pentax Q and works well with teleconverters (in MF).
I have no focus issues with the lens and it's probably the fastest SDM focus in the Pentax line-up.
Weight is very subjective and as it's even lighter than my sports workhorse Sigma 70-200/2.8 HSM II. Great IQ per weight ratio!
It's in my bag every time it's possible to take it and often I end up shooting mostly with that lens. I'm a tele guy as you can tell!