I just chatted with Moto support and they says it is still under development. I let them know how upset I was with this delay while every smart device is getting ICS updates. If anyone waiting for OTA wish to vent his/her anger at the delay, here is the link to chat. I am aware of folks who suggest that we should install the leaks and stop complaining. I pay for the services and I feel VZW / Moto should take care of it, not for us to install buggy or unknown issues with the leaks .
https://motorola-global-portal.custhelp.com/app/chat/prod_chat_launch/p/30,6720,8048/
https://motorola-global-portal.custhelp.com/app/chat/prod_chat_launch/p/30,6720,8048/