Smart Dynamic Range
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There's already a ton of proprietary mounts; Samsung expects someone to invest in theirs? You don't buy a camera body, you buy a system - Samsung doesn't HAVE a system.
Regarding the "superior" APS-C sensor - tons of working pros and serious amateurs make great images with the 4/3 sensors. Perhaps if you really needed high-ISO performance (such as a sports professional) you might need a larger sensor but then again you wouldn't be buying a Samsung + kit lens, would you?
The beauty of the Micro 4/3 system is that it is easy to use well-established lens systems (4/3 mount) with full AF/AE control (via adapter) and hundreds of other lenses in MF mode, all made by camera companies with decades of experience. Perhaps if Samsung had hitched its wagon to an established mount it would have a chance but with a proprietary mount? No way.
To be a little pedantic here, surely it either is or isn't an SLR, and if it doesn't have a reflex mirror then it isn't an SLR! It's kind of in the name!
So close, Samsung. The body is quite nice, and the price great- nothing that better firmware (the focus zoom issue etc) couldn't fix. However, why didn't they get someone decent to make the lenses? The ones currently available are horrible- as bad as, if not worse than low-end Canon kit lenses (i.e. unusuable). The pancake is pretty decent, and makes it a good aps-c street shooter for a lot less than a Leica X1, I suppose, but that's where it ends.
Right now, if you want something of this ilk, the GF1 with Oly lenses seems like it's in a different league for quality, albeit slightly more pricey. Handles better, too.
If decent lenses can be made to meter and autofocus well on this body with an adaptor, it might be interesting, but right now, silly Samsung are snatching defeat from the jaws of victory.