I am new to magic lantern and i was going threw the download process when i noticed it says that i have to be running canon's firmware v 1.0.2
i am running v1.0.3 will this cause compatability problems if i load magic lantern onto my camera. Or is this a request for v1.0.2 or newer?
Check the install guide:
https://wiki.magiclantern.fm/install
Magic Lantern will refuse to start if you have a firmware version different than the one it was expecting.
For most cameras it is possible to downgrade your firmware to an earlier version.