latest version and latest redactor

With latest version 3.1 it now has redactor 3 I believe

If we want to use redactor 3 for editing text do we need to update our content templates somehow? Updated core from 3.0.14, the following template does not seem to work for me, no redactor toolbar on text area

<perch:content id="text" type="textarea" label="Text" html="true" editor="redactor" imagewidth="640" imageheight="480" />