Jared Abrams of Cinema 5D interviews Canon's Tim Smith, who reveals that the Canon 5D Mark III is still a "little way's away," because it's still selling in tremendous amounts "the 5D is selling so well at this point, the corporate demand to replace something that's constantly on back order, you've got to consider the business model."
Also, he raises the issue of what to do with it; whether to make it a better video camera, or a better still camera?
He also says that there's currently no plans for a Canon 7D firmware update to add manual audio control.
Anyone got the definition for "little way's away?" - definitely not this year he says.
Cinema5D: DV Expo 2010. Tim Smith Canon USA.