Currently have 4.0.2 and per all the hype from Google (& Verizon?) thought the nexus would be first to get updates. Noe I hear the Motorola Xoom is getting 4.0.4.
I can't wait for an update & hear 4.0.4 / 4.0.5 will fix many issues -
Such as slow auto rotate, network, better multi tasking & others.