Droid 4 development has been stagnant for the past few weeks. We have been waiting for something new. Thanks to "MyFishBear" we have it! He has successfully ported Eclipse v1.3 to the Droid4! He claims bluetooth and the keyboard bot work as well. In fact he doesn't give a list of things that are not working so I have to assume this is a pretty stable build. Of course you should flash this via Safestrap.
I know that its really not even a big deal but my favorite part of this rom is the Sense Clock widget! The Rom is built on 2.3.6 and based on 4.0.4 source. It includes the ICS bootanimation, Mobile hotspot hack, usb tethering enabled, full ICS theme throughout, Inverted apps, status bar tweaks including 1% battery mod, power widgets, pw color picker, ime toggle,battery options, clock options, clock color picker, Nav bar tweaks, extended power options, volume to wake toggle, custom carrier text, facebook sync, Eclipse settings and much more!
Grab this Rom port here!