Any updates on whether they will release an update for 430 ex II speedlite?
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Just to let you know I had the same problem with S, M and full Raw even with LR4 RC2 and someone suggested I use a card reader instead of downloading direct from the camera and that did the trick. For whatever reason I still cannot download direct from the camera to LR4 RC2.
I got the LR4 RC, used it for a day, and uninstalled it due to glitches and stability issues. Instead I found a link on the John Nack blog for DNG 7.1 RC which gives you the perfect pre-LR4 workflow for your 5D3 files. Stay with LR4.0 for the time being.
LR4 is a shameless resource hog, you'll notice a big slowdown after LR 3.6. So the workaround is to convert to DNG in DNG 7.1, be SURE to check the "fast-load" option and then have a smoother ride in LR4. There is no difference whether you have shot RAW mRAW or sRAW. Just do the DNG thing, make it a permanent part of your workflow and you'll be a happy camper.
I'd go with this 45: http://amzn.to/HvmDVK
I have a few of them and they work very well.
The benefit from a super fast card comes when your buffer is full due to fast FPS shooting, or faster downloading to your computer, assuming you have a super fast card reader to match.
Unless you are doing that, a inexpensive Sandisk 60 mb/sec CF card is overkill, but a good middle of the road choice. In another year or even this next Christmas, prices for those super high speed cards will drop as a newer and faster one arrives on the market.