How to Install Android ICS [4.0.4] on Xperia X8 - Part 1
How to Install Android ICS [4.0.4] on Xperia X8 - Part2
This is the second tutorial and this video is split in two parts. Now you can install the latest ICS.
Full hardware acceleration
Ultra brightness and various other customization settings
Native Wi-Fi/Bluetooth/USB tethering
Smooth 2D scrolling in menus
Native App to SD
Undervolting/Overclocking the CPU [requires root access]
Camera is not working at all.