CyanogenMod 9 may still be a ways out, lending some credence to the claim that upgrading from Gingerbread to ICS is a very long endeavor. However, if you're willing to live your life on the bleeding edge, and you own an international Galaxy S III variant, then the time is right for you: CM9 nightlies are now available for your device.

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This is, of course, still an early build, so expect some bugs along the way. CM9 has still not reached release candidate stage yet, which is itself still a few steps away from stable release. The adventurous and the knowledgeable need not concern themselves, though. As always, you're responsible for what you do to your device, and always do your research before hand. That said, happy flashing!

Definition: A "nightly" is a bleeding edge release that is built on a daily basis, usually at night after a full day's worth of new code has been committed.

It could oftentimes be unstable and not properly tested, lacking any changelogs, but eventually evolving into alphas, betas, release candidates, and finally stable releases.

Update: The Galaxy Tab 8.9 Wi-Fi has also been added to the CM9 list! It's a Samsung buffet. Grab a plate and dig in.

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Update #2: The Galaxy Tab 8.9 3G nightly is now available too.

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Source: CyanogenMod Downloads [SGS III] [Galaxy Tab 8.9 Wi-Fi] [Galaxy Tab 8.9 3G]