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This is too expensive to be a viable model. If it were $5/1m output, it might be another story. At these prices, there's no reason to use this over GPT 5.6.

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That depends entirely on the hosting situation. If someone can provide a subscription plan at slightly lower rates, it's absolutely compelling.

Moonshot has subscriptions maxing out at $199/month. Not home so not had a chance to see if K3 is included yet.

EDIT: Just switched my Kimi-CLI session to K3 and resumed my ongoing /goal... Will be interesting to see if I notice a difference.

I'll say after having it run for a few hours that I still don't feel it matches even Sonnet. It still does a lot of back and forth that feels dumb, but it's possible this is in effect Anthropic tricking us by hiding the full reasoning traces - who knows what Sonnet still sounds like if you were to see the whole thing.

I haven't tried K3 yet but my experience with older Kimi models was exactly this, that they'd spin for a whole chunk of time with a lot of back and forth thinking.

But some of this might still be something that gets sorted out with finding the right parameters etc on the serving side.

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