I've been poking around on the magic lantern website over the past month, but can't seem to find the answers to some very basic questions:
1) When using this in the intended fashion, do I still get to see the regular canon menu options (i.e. the focus modes, etc)
2) Does installation of this reset my canon settings to stock (custom button reassignments and such)?
3) Does pretty much everybody have the slower boot described in earlier posts here?
4) Do we know for a fact that canon refuses to honor warranty after installation of this?
Thanks for help, mostly I'm curious about question 1 and 2!
Replying to number 4, I read an article on this recently (found here:http://petapixel.com/2013/05/27/will-custom-firmware-void-my-warranty-canon-nikon-and-panasonic-respond/)
Basically from my understanding, Canon will honour the warranty, unless the point of failure is the new OS itself.
"So damage caused by Magic Lantern wouldn’t be covered, but any covered damage, whether or not you’ve ever installed ML before, will still be taken care of pro bono during the warranty period. Nikon and Panasonic owners, however, aren’t as lucky."
As for the other points, I haven't installed ML on my 5D3, but when I installed it on my 7D I didn't notice it change any of my custom settings back to stock.
Hope this helps