To be honest, I know virtually nothing about Konica. When I was first getting serious about photography, the Konica FS-1 was the top-rated camera by Consumer Reports, and when my parents bought me my first serious camera as a Christmas present, the guy at the camera store recommened that model. My folks held out and bought the camera that I wanted instead, a Canon AE-1.
So it's been some 30 years now and I finally got a Konica. My father found it and another camera and some other stuff at the local swap meet and brought it home like a box of kittens.
According to Buhla,de, this is the last SLR that Konica built in-house; they would later farm out the work to Cosina (whom made cameras under many brands).
The FT-1 is basically the upgraded version of the FS-1, with a lot of the FS-1's weaknesses addressed.
Mine's missing the front battery cover, which is why the left side of the picture looks so strange. This appears to be a somewhat common condition among these cameras.
Modern Photography camera test: Sept 1983
Related website: The Other Martin Taylor
Owner's Manual: Orphan Cameras.com