It's announced; the 5D Mark III, and it has the following video capabilities:
Next generation EOS Movies
The EOS 5D Mark III builds on the reputation of the EOS 5D Mark II, with a range of new features introduced following feedback received from photographers to provide even better Full HD video performance. As well as offering the depth-of-field control loved by video professionals, the new full-frame sensor combines with the vast processing power of DIGIC 5+ to improve image quality by virtually eradicating the presence of moiré, false colour and other artifacts.
The addition of a movie mode switch and a recording button also offers greater usability, enabling videographers to begin shooting immediately when movie mode is engaged.
Additional movie functions include manual exposure control and an enhanced range of high bit-rate video compression options, with intraframe (ALL-I) and interframe (IPB) methods both supported.
Variable frame rates range from 24fps to 60fps [NOTE: only at 720p it appears], and the addition of SMPTE timecode support provides greater editing flexibility and easier integration into multi-camera shoots.
Users can also check and adjust audio during recording via the camera’s Quick Control screen and a headphone socket enables sound level monitoring both during and after shooting. Enhanced processing power provided by DIGIC 5+ also makes it possible to conveniently trim the length of recorded movies in-camera.
22.3 Megapixel full-frame sensor
Up to 6fps continuous shooting
Native ISO 100-25,600 sensitivity
Full HD video with manual control
14-bit DIGIC 5+ processor
Enhanced Weather sealing
8.11cm (3.2-inch) 1,040,000-dot screen
HDR mode with presets
All that for about $1,000 more than the Mark II, and it's available for pre-order too!! ...
Engadget | Canon announces EOS 5D Mark III: 22.3MP full-frame sensor, 6 fps, 102,400 max ISO, yours for $3,500 (video)
USA Today | Canon unveils 5D Mark III camera (includes a video)