mid-2007
can program the SET button to go into Live preview mode via menu wrench II : Live View function settings = enable.
clumsy AF on the 1DMIII as must hit SET button to go out of LP then activate AF then hit SET button to return to LP.
40D allows AF as with Olympus E410/510;
no Live Boost so NOT suitable for IR filters or dim astro targets (eg. total lunar eclipse at f/5.6)
no live mode A, no real time AF
use of simultaneous mirror lockup cumbersome:
if mirror lockup enabled C.Fn III-15-1, must go out of Live Preview first for it to function, then press shutter button once to activate mirror lockup, then press shutter button again to take exposure.
if using TC-80N3 Remote Controller with interval timer, set number of photos to twice the number you need in this mode but be aware that actual interval will be double that selected on the remote.
don't forget to set the interval to allow for camera to get back to shutter ready (and if using dark frame noise reduction for long exposures, this includes a 2nd exposure duration!)
if mirror lockup enabled C.Fn III-15-2 which means mirror lockup de-activated by SET button, this works best in Live Preview if using continuous drive mode.
even worse, if you want to use mirror lockup and Live preview and Bulb exposure and self-timer, then it is only one shutter button press, not two as for usual mirror lockup, thus you have to do this:
enable Live Preview to work using the SET button via wrench II on menu.
set C.Fn III-15-1 to enable mirror lockup
set mode to BULB
set drive mode to self timer
press SET button to enter Live Preview, compose and focus as usual
press SET button again to exit Live Preview
press shutter button and HOLD button down to activate mirror lockup AND take exposure - THIS is different to usual mirror lockup mode as you don't press shutter button down and release to activate mirror lockup prior to taking exposure!
this in reality forces you to use a TC-80N3 Remote Controller or RS-80N3 Remote Switch in Bulb mode and there is no simple IR remote to do this as there is with Olympus.
if using the camera's 10sec self timer and you want to take a 60sec BULB exposure using the TC-80N3, set the TC-80N3 to LONG mode and 1min 10sec to allow for the camera's 10sec self timer mode, then press Start.
in addition, if you want to use mirror lockup in continuous drive mode you must use C.Fn III-15-2 setting