From this article it appears that Google has announced that Android 4.0.3 will be released to phones, tables, and other devices in the "next few weeks". I guess the forum prophet here that opened many threads stating "Motorola manager told me..." that stated the process of several updates in a row over the next few months will be proven or dis-proven rather quickly here soon.
This just proves that it will be here when it gets here. No one knows for sure. But the Google release sounds promising and more truthful than the forum prophets reciting of the "Gospel of Motorola" of it.
"Going forward, we’ll be focusing our partners on Android 4.0.3 as the base version of Ice Cream Sandwich. The new platform will be rolling out to production phones and tablets in the weeks ahead, so we strongly encourage you to test your applications on Android 4.0.3 as soon as possible."
Android Developers Blog: Android 4.0.3 Platform and Updated SDK tools