What is Pentax waiting for??

If there's a better sensor available than the Sony 24mp used in the NEX7, I'm willing to wait. In the meantime I expect they're working on other improvements too.

I know there's endless howling about the lack of a FF Pentax, but I think there's good reason to be hesitant to enter that market. Pentax and/or Ricoh need a MILC and Pentax needs a K-r level DSLR far more than a FF.

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Dan