I installed ML on my MkIII and generated just under a second or so of video for several clips (don't have 1000x cards yet just 400x).
Using RawMagic I get deep magenta for a clip of a white wall illuminated with 5600K LED. Photos with ML active for same scene are normal - looks like white wall with range from bright to dark shadow. (and yes I posted that to the RawMagic thread

Also tried raw2dngapp for OSX - segmentation fault with some reference to a library
Tried raw2dng in terminal - also segmentation fault with no error messages
So not super productive although I greatly appreciate all the development work that has been done.
Do other mac users (latest SnowLeopard updates on macbookpro17) not have issues?
I saw someone is working on FFMBC tool - which is great - not sure what status of that work is.
I have cinelerra - but the tool for that is .exe (sorry I am not getting pc just to run your program no matter how great

Would be great to have ffmbc command line that would take raw and output prores444 or some other mastering quality standard codec.
I guess the author of ffmbc does not have a canon 5dmk3 or else the raw codec would exist

BTW what is the actual dynamic range captured in the raw file output by ML - and is the debayering done by raw2dng? and is it using a standard algorithm? If technical spec.s are documented please share the link. I have searched but maybe am not using the right tags.
THX!
Mike