Perhaps the best way to report the happenings related to Pentax K-r in the past year would be a timeline. So let's start from:
April 2011- Camouflage Grips for K-r is announced.
May 2011- Rainbow color K-r is announced.
(Downgrade?)
July- September 2011- *Quiet*
October 2011- Ricoh buys over Pentax camera brand.
(Future of Pentax is uncertain but seems for the better.)
November 2011-*Quiet*
December 2011-K-r is confirmed to be discontinued in production.
(No more new colors?)January 2012- Rumours of new mirrorless Pentax camera using K-mount spread like wild fire.
(Upgrade? Downgrade?)
February 2012- 1. New Mirrorless Pentax camera K-01 is announced with the 9.2mm pancake lens, DA 40mm f2.8 XS.
(That lens is really flat! Almost like body cap and can fit on my K-r)
2.Lens roadmap for 2012-2013 at Japan CP+ show.
(A fast 50mm f1.8 prime is confirmed and maybe a 18-200 telezoom for my K-r)