Hi everyone, Hope I'm not repeating old news: Apparently Pentax is working on 2 mirrorless systems: 1st one will be the NC-1 camera with a small sensor 1/2.33" sensor, a bit retro in style being modeled on the Pentax 110 camera, with interchangeable lenses. 2nd will be an APS-C size sensor based mirrorless sytem, which apparently will be compatible with current pentax K mount lenses. The original source is here: Mirrorless Rumors | Blog | HOT: First pictures of the Pentax NC mirrorless system! What does everyone think? Personally I dont see the attraction of the small sensor camera system, as there are very good small sensor compacts like the ex1, lx5 and s95 available at good competitive price points. Pentax would need some seriously good lenses and IQ or a competitive price to make this work. The APS-C system would work, especially with FULL K mount lens support. Pentax's current lenses are very high quality and quite small in comparison to other brands. I think having all of the K mount lenses available to the mirrorless sytem would give it a massive boost as Pentax are already 'late to the party' and systems such as m4/3rds have a lot of lenses out at the moment.