See these recent discussions for the observations and points as raised by the OPs (and those sensible (but not emotional) responses also):-
K-5 IQ terrible?: Pentax SLR Talk Forum: Digital Photography Review
K5 only for RAW shooters.....: Pentax SLR Talk Forum: Digital Photography Review
Photozone - Pentax K5 ... ordered (But would return for a Mod soon.. for 500 Euros! +_+)
I won't comment further. I blog, you think and decide!
Update (11-26): The strong AA filter of the K-5 does still have its value under extreme case, see:-
via http://forums.dpreview.com/forums/read.asp?forum=1036&message=37020164
for the same resolution chart and target of very high spatial frequency taken with the D7000 (Left) Vs K-5 (Right). The D7k picture is actually sharper, but moire is more an issue.
Previous Stories:-
Famous German Magazine Rates K-5 IQ Worst Amongst Current "Top" DSLRs
I Want to Buy the K-5, But..
K-7 Wins Over K-5 in IQ (Specifically)!
IQ and AF-C of the K-5 - I am Not Impressed! :-(