Cameras with longer battery life can take more photos before exhausting their batteries.
Special note: The measurement standard for battery life stipulates that if a camera has an internal flash, it must be used for 50% of photos taken. For this reason, comparisons of one camera with an internal flash to another without will not be comparable
Cameras with more dynamic range allow you to take photos with dramatic differences in highlight and shadow areas while retaining detail in both.
Think of a brilliant sunset on a rocky beach: Bright sunset in the background, with dark rocks in the foreground. High dynamic range means more of the extremes will be faithfully reproduced.
Dynamic range test data courtesy of DxO Mark.K-1 test data on DxO Mark D3S test data on DxO Mark
Unlocks the full potential of full-frame Pentax lenses; Excellent image quality; Great ergonomics and build; Very compact for full-frame; Decent performance; Fast autofocus with great low-light capabilities; Very wide sensitivity range; Bright, accurate viewfinder; Articulated LCD; Stabilization, Wi-Fi and GPS in-camera
No built-in flash strobe; Quite heavy compared to APS-C flagships; Somewhat soft images and blown highlights by default in JPEG mode; Warm Auto white balance indoors; Slow startup and buffer clearing; Small top-deck status display; Weak viewfinder illumination; Below-average battery life for DSLR