Is there any news about getting the latest android software for the Razr?? When I was looking into getting this phone I thought I read that ICS was going to be an upgrade option. Nothing yet.

Sure is, and it looks like it could be very soon:

http://www.ubergizmo.com/2012/06/rumor-android-4-0-4-update-headed-for-droid-razr-on-june-12th/