Chris, I've written a lot about this process, for my graduation work. Unfortunately for you, it is in portuguese, but google translator might work well.
ML hasn't changed drastically since I wrote about it (six months back), and I believe things are easier nowadays.
The link is here, and pages from 86 to 97 should help you, regarding configuration and post-processing workflow (using rawanizer, premiere and after effects).
I haven't used raw recording in a while, but the MAIN issue for me was stability. Sometimes the camera freezes, and you have to reboot it, or take off the card, or take off the battery, or both. And you should not be alarmed. Keep an eye if recording is continuous, and set it to stop if it drops any frames.
Also, you might want at least one extra card, since 32gb goes really fast, and emptying it takes a little while.