Android-L currently contains a material theme that only works with the release of Android-L.
You can create a material style without this theme. For instance:
you can use a custom ActionBar (this is customView) with solid color, no shadow, and with the navdrawer icon set in the standard icon app.
You can create a subtitle panel with a LinearLayout below the actionBar with the same color.
You can create a floating action button with a floating circle (and a shadow in png)
etc.
We do not know what will be available for older versions. Maybe something, because the toolbar of the new class will be available in the support library (and it will smooth the action panel). I suggest you wait a month.
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