A couple of shots from a festival in december. Both of them shot with 5D III and canon 50mm 1.4 (the only lens I had with me)
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digitalrev dropped the 5dm3 price by £50 two days ago, so hopefully this trend keeps going strong....wish i'd live in the us then i would've bought a 5dm3 already...f*cking overpriced in europe...
I do all my post-processing with my MacBook Pro, 16gb RAM, and 512gb SSD. It's super fast for anything that I throw at it. The key is getting at least 8gb RAM and the SSD. The SSD makes a world of difference.
I do a lot of event work for DU, and two Alien Bee B800s with 42" shoot-thru umbrellas do the trick every time...
I also bought a 13" MBP instead of the MBA with photography work loading then dumping information off an SSD is not great for them anyway. With a MBP you can remove the DVD drive add a 750gb HDD in there with a caddy and stick a 128gb SSD in the normal HDD bay so gives you the best between space and speed. The SSD for system and HDD for storage. You just move the home file directory from the SSD to the HDD.
Also same as you I have a 40D doing similar things but a much broader range of subjects, and I am going for a 5D MKIII. At 1600ISO the 40D quality is pretty bad but 6400ISO on the 5D MKIII the quality will be equivalent and probably better so you have a lot more room for manoeuvre. Therefore 1.4 will be fine. But with FF comes the rest of the glass if you glass is EF-s. So more cost.
Hard choice but I would go camera, even tho it may take longer in post at the end of the day the camera is what makes the money not the computer. The camera will give you more keepers and you can make more money then you will be able to upgrade your machine. I would say buy some more ram and do a complete backup of your iMac and start a fresh it will speed everything up.