So here's some of my first pictures, taken with a variety of lenses. They are not straight out of the camera - they were taken in raw and then adjustments made in both LR and Photoshop. They aren't at all exciting or very good, hopefully I'll take something a lot more interesting in the next few days:
What the snow plow left a couple of days ago (K5, 77 Ltd). This was one of the few 77 shots I took that had the focus correct - most of the shots I took with it are slightly (or more) front focused. It had been dead-on with the K7:

Along the property fence (K5, DA*50-135). This lens would back focus with the K7, but is perfect with the K5:

Left-over snow, turned mostly to ice, along with some very green grass under it. The heavy rain that was here before the snow sure got the weeds growing (K5, Viv Series One 105 Macro). No focus issues with this one other than I think the viewfinder's dioper adjustment is slightly off (many of my pictures looked a bit front-focused, but that also be because I was swaying a bit, all shots are hand-held):

From the firewood pile (needs to be split) (K5, Viv 105 again). I really liked the texture with this one.

The Jeep (yes, it really is that bright). This was taken with the SMC 24 f2.8. I haven't used this lens in a long time, but was playing around with the DA 35 macro and wanted something close on the K7 for comparison. The comparison shots didn't work out, but I re-discovered that this old K lens is really sharp. I pretty much quit using it when I bought the K10 because neither the K10 or K20 would set a correct exposure when pushing the green button. The K7 corrected this problem and it's still corrected with the K5. I really should use this lens more, it's very nice.

Another K5/24 f2.8 picture:

Some people have talked about how you can "push" the K5 quite a bit (brightening up underexposed/shadow areas). I've never been able to do much of that with the K7 - the pictures get really noisy and just generally fall apart if you try to lighten very much. The examples posted looked very impressive, in some cases perhaps a little unbelievable. So here's a real-world example, one that impressed me quite a bit. I don't think I would be able to get the same results from the K7.
First, the original photo (K5, 24 f2.8). This one is almost straight out of the camera - I used LR to convert it to tiff, using it's default settings. The only other thing done to it was resizing in Photoshop:

The trees are really dark compared to the snow.
Now here's the same photo after some work in Lightroom, then a bit of sharpening with Detail:

I'm not going to be doing as many exposure series, since there's a large amount of detail in the shadows.
Some very preliminary first impressions: The pictures can take more processing, but need less sharpening. I have an action set up in Photoshop with settings for Detail that seem to work well with the K7. Those settings look too over-processed with the K5 pictures. I noticed that sometimes there's an extra element with K5 pictures that's missing with the K7 and I can't put my finger on it/define it. That indefinable something gets lost with too much Detail type processing.
I'm lousy with flash, I really don't know enough/practice enough to get consistent results. I always feel like there's something I'm missing. I played around with the flash this morning and had a tough time of it. I finally got something half-way reasonable when I used a fairly large -Ev. This is a problem area for me at the moment. Tomorrow I'll spend some time shooting focus charts (something I'm not good at) and will decide what type of focus adjustment I think I need to make.
So more to come as time goes on.