For any of you that might have been interested I went against all the better judgement and got the Pentax Q.
I have to say after a couple of months now I have absolutely no regrets, I've been having great fun snapping away and playing with the settings.
Although it wasn't one of my requirements I'm also really happy about the compact size of it. Classy looks, but can be hung on neck and zipped under a jacket.
Maybe when I've got a minute I might write a mini review...
Nice to hear from you, David
Thanks for letting us know about the outcome - I am sure you made the best decision - still loving my Q.