The Meade ETX 125mm is a Maksutov-Cassegrain. It does not suffer from chromatic aberrations like a non-(true) APO corrected refractor.
You should be able to due prime photography using a T-adapter through the rear port of the ETX telescope. Just get a Pentax K mount to T-adapter ring as well.
The 1900mm focal length of the telescope is extremely long. Most people use this telescope for planetary since it's f/ratio is 15 and it would probably be way too slow for anything but the brightest of objects (like the moon or planets). Maksutovs are very well corrected telescopes, so you should be able to pull off some really nice moon shots with a k-7.
This is a good website for ETX related resources
Weasner's Mighty ETX Site