Canon 350D and lenses are broken - Pentax new update?

[twcull]

Hello everyone!

I was asking a few months ago in the Canon forum about upgrading my 350D to the 60 or 7D and it seemed like I really wanted the features of the 7D. APS-C Sensor, Weather Sealing, Mag-Alloy Body, Fast FPS, and Friendly to use. I was set to save up and when I got my tax return I'd grab one.

Last week, I dropped my camera bag off a cliff edge into the Atlantic ocean, lenses and camera went tumbling onto the rocks and they no longer want to work. I have the nifty fifty and sadly my sigma works, but grinds at 80-100mm my 350D is no longer with us (funeral was beautiful). I was looking around at camera bodies again and my roommate suggests Pentax, to which I look at him rather confused so I started looking at the K-5. It has all I want, with all I can ask for, build quality, IQ, it's all there.

I like to do landscape photography, stuff I see when I go hiking or snowshoeing. So I don't need the 300+mm lenses which is what most people have against Pentax lenses. I really do need the weather sealing and the WR lenses are awesome! Along the east coast of canada it's wet, foggy, or snowing 90% of the time.

Pentax seems like a great buy! I'm systemless and need a new home. So my question is to you, why SHOULDN'T I buy the K-5? Is there an update coming in 1Q 2012? Is there a glaring issue I can't find? I'm just trying to find the negatives with this camera and the only ones I can find are video related, something I'm not interested in. How do the lenses compare the Canon or Nikons? I like the relative cheapness of the lenses, being a university student looking at his masters, money is certainly not abundant in my wallet.

Please all the nitty gritty!

Thanks,
Thomas

- I know it seems strange to ask for the cons, if you have great stories or suggestions for me please do tell!