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I just passed CIPM principal exam held Oct'10. CIPM is actually a mini subset of L3. It's all about Performance Measurement (SS17) and GIPS (SS18) and some ethiscs. I am L3 repeater so materials were very familiar and pretty easy for me. For CFA, we go to test center by preparing 18 different study session where as it was only 2.25 SS. It's a warm-up exam before the real exam besides now i am master in these two SS:-). planning to take CIPM expert level in Oct'11 and hopefully by end of the '11 i will have both CFA and CIPM after my name and i can ask my employer "show me the $$$$$$..."

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