It has finally arrived. The Canon 5D Mark III will be announced on the 1st March and officially released on the 2nd March at venues all around the world but mainly in Asia. It has been a long time coming and with the huge success of the 5d Mark II it has big shoes to fill. Everyone is predicting what will be in this new version but I'm just hoping for better quality footage, better monitoring of audio and a decent codec to be able to edit without the needless transcoding, which, quite frankly, is a pain in the arse. Not asking for much but let's just see if they get rid of H.264 and have something I can edit with straight out of the camera. I wouldn't complain or moan at a few nice surprises like full HD slow motion but somehow I doubt that is going to happen with this chip. Let's wait and see.