Canon released the software late this afternoon (US time that is)… it was announced back in Feb and is finally ready. thanks to @tylerginter for the alert!
I’m sure you want to get right into it… so here’s the download link! You have to select the software section like this:
Details – EOS MOVIE Plugin-E1 for Final Cut Pro
This plug-in application is for Final Cut Pro, which was released for users of EOS Digital and Final Cut Pro. This plug-in allows you to use the Log and Transfer function to edit movies captured with the EOS cameras. 1. Major functions ProRes codec can convert original EOS movie files into ProRes-format files at a high speed. Reel name codes and time-code (time-stamp*1) are added to converted files. 2. Supported movies (*2) EOS-1D Mark IV EOS 5D Mark II new firmware (v2.0.3 or later) EOS 5D Mark II old firmware (v1.2.4 or ealier) EOS 7D *1: Not compatible with the Generator Lock. *2: Standard Definition movies are not supported. For details, please see the instruction manual.
Canon has some very detailed instructions on their site. Read them!
(Photo credit: snap from the video)