RAW video on 40D:
The only good use case I have found for RAW video on the 40D is HD'ish timelapses. Around ~ 1920 x 844 can be used for timelapses, not too bad for such and old camera. RAW video "as in" 24-30 fps is'nt really any good due to limited CF bandwidth. Ant123 is working with 450D trying to create a mjpeg recorder, which would be the best option to get 24 fps video on 450D/40D.