The K5 is my third Pemtax dslr. I have had the K5 for just over two months. Took it on a trip to Mexico just days after it arrived. The image count on new camera was just over 2800. Don't know exact count as I did not take note until after I got to Mexico. I took 2000+ pics in Mexico mostly using FA 31 and DA70. Then the FA 31 failed and I switched to the tried and true DA 16-45. Also took some snowy egret pics with A 70-210 f 4.0. Have since taken another 500 or so pics mostly with the 16-45 and DA 70. (had the FA 31 repaired but really like the DA 70 for pics of grand daughter)
So as I said in my posts above, the camera generally over exposes 1 to 1.5 stops with all tried lenses. I shoot only in RAW so suggestions on other menu adjustments do not apply. When shooting without exposure compensation, the histogram is weighted to the right or bright side and at times spikes indicating blown highlights. When opening the images in Adobe Bridge and using the Adobe Camera Raw setting for the K5, the auto setting applies something just less than 1.5 stops correction. I have found that by applying 1 stop of negative exposure in the camera I get a more balanced exposure. I prefer to have an image slightly under exposed as it is easier recover detail from dark areas than it is from over exposed areas.
JOS
http://www.pbase.com/power3