I have been thinking, Porting of ICS for our LG-p500's is not going to happen the best we can probably get is 2.3.7 with the 4.0 gui and a nice new kernel to support it. However I have been hearing that certain development teams are working on porting ICS. Is this true? How far do you guys think they will get? Hopefully within the next three months we shall see our first beta roms running 4.0 I really hope so as the new layout of 4.0 is better than 2.0-2.3.7. However they will run into issues such as giving support for the ARMv6 processor and fine tuning it so it will be able to run on half a gigabyte of ram... Which will likely limit the system very much so. I believe the minimum requirements for 4.0 are of the following:
1gb of ram
these minimum requirements are double those of the p500's specs.
As I find out more I shall post links to developers teams threads which are working on ICS ports.
Also if anyone needs any help with their device leave a message as I can help with anything.