Just to reiterate what Marsu42's edit states. The first alpha version of ML for the 5D3 is out.
The other purpose of my posting is to say that ML is really on to some exciting stuff that is in development. They have just begun to access more encoder parameters (current release version allows the bitrate to be raised, but buffer overruns limit its current usefulness in some situations). Using development releases, I've tested recording in ALL-I on my 600D/T3i at bitrates above 150 Mb/s! The improved bitrates or less compression really helps to improve the image in post (e.g., sharpening and color correction).
There are still kinks to be worked out, but the things they are able to do are quite remarkable IMHO. There are even indications that 4:2:2 video (perhaps as MJPEG) might be possible. Alas, I think this is taking a back seat to getting all the current features working on the 5D3. Regardless, I think this bodes very well for what we'll be able to get out of the 5D3 (and all other supported cams) with ML.