It looks like a patch to 3.5 completely changed how text is outputted to the console. It's not as simple as rebasing and moving code around - everything got changed, especially in kernel/printk.c.
So no, it's unlikely that CKO will enter 3.5/master. Fortunately, 3.4 is considered longterm and we might keep that around for a while and push updates to it.
Thanks for asking.
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Steven Barrett