We have heard some new rumblings of when we might see Ice Cream Sandwich arrive for the Motorola Droid Bionic, and it's both good news and bad news. According to industry sources, Motorola is almost ready to roll out the Ice Cream Sandwich update for the phone, and a soak test should be announced within 2-3 weeks. That's the good news. The bad news, is that originally Moto wanted to have the update ready by the end of July, but obviously that won't happen now, and more than likely, it will be in August.
According to this same report, the only reason why the update for the Bionic has taken so long is because the ICS update for the Droid RAZR and the RAZR MAXX has not gone smoothly enough (hard to squash bugs), which tied up the team a bit longer than they planned. The good news regarding this is that the team has learned from these mistakes and are doing their best not to repeat them with the Bionic.
Of course, most of you who didn't want to wait have probably already been using one of the many leaked builds that have been floating for a few months, so a few more weeks shouldn't be too tough.
Thanks for the tip, dfib, and Shadez!