After doing two tests of approx 1000 casts, I feel it's fairly safe to say that the T3 proc chance has not increased. Note that both tests were done without T4 hot streak talented, so all procs were a result of T3.
Test1: Log
Stats:
14.90% crit, no buffs, critical mass on target. No int or crit procs.
| Casts | Crits | Crit% | Procs | Proc% |
| 1034 | 168 | 16.25% | 80 | 47.62% |
I'm not entirely sure whether critical mass is included when calculating the T3 Hot Streak chance, so I tried both using the formula from
Fire Cataclysm Discussion: OP Updated for Release
| Source | Character Sheet | Crit Mass |
| Crit% | 14.90% | 19.90% |
| Predicted Proc% | 53.44% | 44.89% |
| Source | Character Sheet | Crit Mass |
| Crit% | 14.90% | 19.90% |
| Predicted Proc% | 54.32% | 40.679% |
To be reasonably thorough, I tested again with a slightly higher crit rate.
Test2: Log
Stats:
21.93% crit, Arcane Brilliance, Molten Armor, critical mass on target. No int or crit procs.
| Casts | Crits | Crit% | Procs | Proc% |
| 1018 | 241 | 23.67% | 80 | 33.20% |
| Source | Character Sheet | Crit Mass |
| Crit% | 21.93% | 26.93% |
| Predicted Proc% | 41.42% | 32.86% |
| Source | Character Sheet | Crit Mass |
| Crit% | 21.93% | 26.93% |
| Predicted Proc% | 35.13% | 21.48% |
Assuming the formula takes critical mass into account: (if it doesn't, we have a lower proc rate which is entirely unlikely)
| Crit% | 19.90% | 26.93% |
| Predicted% | 44.89% | 32.86% |
| Observed% | 47.62% | 33.20% |
| %Difference | +6% | +1% |
| Crit% | 19.90% | 26.93% |
| Predicted% | 40.68 | 21.48% |
| Observed% | 47.62% | 33.20% |
| %Difference | +17% | +55% |
Assuming k(c)=-2.73c+.95 is the correct formula for T3 HS, it's a safe assumption to say that the formula has changed. More data is necessary to be entirely sure, I'll do some extended tests overnight tonight to get a larger data set.
More data would be necessary to be certain, but I think it's reasonable to say that the T3 proc chance has not increased.
As a complete aside, as a result of this testing I noticed that Master of Elements is returning mana on scorch crits, even with improved scorch talented. We don't really have mana issues, but I don't remember it doing that pre-4.1.
Edit: Been a bit slow with getting the data, but I'll have a few more data points to post tonight.