Looks like the incremental updates for Android 4.0 are rolling along nicely at this point - the VZW Galaxy Nexus received the update to Android 4.0.2 yesterday, and now Google has announced version 4.0.3. As you may expect, it crushes many bugs that have been found in current builds, along with throwing some optimizations into the mix.
This update will also bring some new goodies to the table for developers in the form of new APIs:
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Social stream API in Contacts provider: Applications that use social stream data such as status updates and check-ins can now sync that data with each of the user’s contacts, providing items in a stream along with photos for each. This new API lets apps show users what the people they know are doing or saying, in addition to their photos and contact information.
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Calendar provider enhancements. Apps can now add color to events, for easier tracking, and new attendee types and states are now available.
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New camera capabilities. Apps can now check and manage video stabilization and use QVGA resolution profiles where needed.
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Accessibility refinements. Improved content access for screen readers and new status and error reporting for text-to-speech engines.
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Incremental improvements in graphics, database, spell-checking, Bluetooth, and more.
Version 4.0.3 should begin rolling out to all ICS devices within the coming weeks. Hooray for updates!