I found that on most Canon cameras that the R channel is too high from the factory, so I use a "Custom Colors" setting of R -2, G 0, B 0. I also set contrast and sharpness at -2. Low contrast to make sure the JPG output will contain the full dynamic range of the RAW sensor data, and low sharpening because I can do that better on the computer than the camera can. Once the camera has created harsh sharpening halos they can't be removed in editing.
The problem with the R channel being too high can cause problems when using any of the RGB histogram or zebra modes.
But there's always been a problem with the RGB Zebra mode. You have to set the OverExposure Threshold to 32 when using RGB Zebra in order to get it to display the C, Y, and M regions when when the B+G, R+G, and R+B channels (respectively) are blown out. I never use RGB Zebra because of this problem it has always had. Until this is fixed RGB Zebra really isn't all that useful for much of anything.
To see for yourself, load up a Granger Chart on your monitor (has all possible colors and luminance values displayed in even graduations). Then set your camera to RGB Zebra mode and set your camera's exposure settings so the lighter colors are all blown-out. You will only see the C, Y, and M areas fully appear when you set the zebra OverExposure Threshold to 32. Lower values than that and those regions of channel-combos that are blown out diminish greatly, where they completely disappear at OverExposure Threshold values of about 12 or less.
If you don't have a Granger Chart for testing (or know how to easily make one with your favorite editor) here's a downsized one you can use.
http://farm6.static.flickr.com/5307/5673254230_96f2049213_b.jpg