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Personally I am 110% not a fan of the HDR look
The way I see it whats the point of using a 5D Mark III with RAW video if you are not going to utilize the dynamic range?

the blown out sky and halo make it look like h.264 shot in Standard, not exposed for the sky, and with detail turned up
personally
but I understand it is an artistic choice to tell your story in such a..stylized way

You need to read the entire thread before replying. What am i going to do while utilizing the dynamic range? Do i need everything to be exposed? No! Its subjective. I don't want an scene to be perfectly exposed where there is an negative emotions going on. I need blown out, harsh look. The main advantage of shooting RAW as an cinematographer for me is the sharpness i am gaining. You won't get this sharp with h.264 shot in standard. If you as an cinematographer want the sky to be in expose it isn't that difficult to bring out the same shot in RAW developing prog. I would just slide the exposure down and mix it up with HDR.

Would someone mind explaining the benefit of fake HDR since you already have all of the dynamic range you're going to get in the raw file to begin with?

It looks like there's a white halo on the bottom of his shoe. Try working from a log curve or http://www.magiclantern.fm/forum/index.php?topic=7022 so it looks natural.

Fake HDR (or it better be called as a look/feel) is an aesthetic choice for me. I don't care about dynamic range or stuff. But because of raw i can produce this type of result. Its all about story telling needs imo. Halo is an artifact of faking an hdr which i buy it. It doesn't bother me. If it does bother me on my 24 feet screen then i will look into it. This is a test of some movie and i was not very careful while processing this.

What could be interesting to know before you decide is that you cannot use an external monitor (http://www.magiclantern.fm/forum/index.php?topic=5473.msg60207#msg60207) and no soundrecording in RAW.

I have used external monitor while recording RAW. I use RCA pin rather HDMI for monitoring purpose. And for the sound i use H4n recorder. Anyhow this is not new for our film editors coming from film background, as we were recording on Nagara those days. 

Shot with ML RAW for an feature film, mark3 body and processed. What you guys think?

 Luiz Roberto dos Santos : I believe Sankor 16D is an projector lens and not an cine lens. Where as kowa lenses are anamorphic lenses where we don't need another glass behind it. What problem has occurred to you regarding stretch..

I don't like AE doing RAW debayering. Recently i shot with Kowa anamorphic. By mistake i shot in 2.35 ratio. Will do another test some another day. What  you guys think?
Body: 5d MarkIII with raw.
No filters
Lenses used:  40mm, 50mm, 75mm, 100mm & angenieux zoom lens
http://www.pasteall.org/pic/show.php?id=56043

Today i shot a series of test shots with 4 sets of kowa lenses.. By mistake i shot in 2.35 ratio. Will do another test some another day. What  you guys think?
Body: 5d MarkIII with raw.
No filters
Lenses used:  40mm, 50mm, 75mm, 100mm & angenieux zoom lens
http://www.pasteall.org/pic/show.php?id=56043

Now i am off to purchase SanDisk ExtremePro 8GB 95MB/s ... 

Great Suggestion alex