Keep in mind that AS (Anti Shake) gives you about 2 Stops of head
room.
about.. it will vary with lots of factors, including the user.
But the Canon's high ISO ability gives you about 2 Stops of head
room (over competition).
Canon has a lovely sensor. That is gives two full stops against all competition across all ISOs is stretching it a good deal though I think.
2 Stops of head works for EVERY shot (moving subject, low light and
hand held). 2 Stops from AS (anti shake) only gives you and edge on
hand held situations.
But if I take pentax built in SR for a couple stops, and generally very nice high ISO for another stop or so and then take the wind speed and carry the 5..... well I don't know... too many variables... but I like having so many options.... even on old cheap lenses.
The Pentax is a WONDERFUL feeling body. But it takes AA batteries
!!! Yuck. You'll be switching batteries while everyone else is
taking pictures.
Yeah... some love the AAs and some don't like them at all. For me it's not a deal breaker either way. It is nice that you can throw a nice cheap pack of AA lithiums in your bag as emergency backup and leave them there for months in case you eventually need them. They are light and will provide a large number of shots..... REALLY large.
If Pentax had Lithium and 8M pixel+ I think I would have went for
Pentax.
A lens with 2 stops lower F-Stop also gives you the same headroom
for all types of situations.
A lens with 2 stops lower F-Stop can also cost an arm and a leg. Along those lines, Pentax has some really nice glass too.
So, all in all, I think Canon has some nice capability in its sensor. That is for sure. And they produce some nice lenses with built in antishake.. if you want to pay a boatload of pesos for them.
Mostly I am just trying to play devil's advocate.
All in all though, for an entry camera, the new pentax has a lot going for it.
For $700US you get one of the better kit lenses around, built in SR on ALL lenses... old or new or expensive or cheap. You get good high ISO performance. I won't even start to talk about viewfinder size and spot meetering and whatnot. You get a lot for a very good price in my opinion.
Maybe the rebel replacement will bring more to the table.
And everyone has their own needs and criteria.
For me....
The only reason to get the rebel over the k100d pentax is:
1. You already have some canon lenses or have reason to want to begin investing in the canon lens system.
2. You simply feel the canon sensor/image quality is superior and are willing to put up with everything else to have that.