However thanks to a developer from XDA you can install (an early build of) Android 4.0.3 Ice Cream Sandwich on your Eee Pad Transformer right now. The step by step guide on how to get this done follows:
DISCLAIMER - DJ's Mobiles is not responsible for any loss of data or damage of your device which may occur from following this guide. Please proceed at your own risk.
NOTE - This custom ROM has it's fair share of bugs. Mass storage, GPS and camera functionality will be limited. So you are advised not to install it if you plan to use your tablet for your day to day activities. Please do not flash unless you are sure you can get back to Android Honeycomb.
NOTE - Installing custom ROMs can cause lose of data or malfunctioning of your device if the process is not performed properly. Please do not proceed with this guide unless you are well aware of these consequences.
NOTE - Before you start please make sure you device has been rooted and you have the ClockworkMod Recovery tool installed.
- Download Android 4.0.3 ICS for Asus Eee Pad Transformer (direct link)
- Download ICS Google Apps
- Copy the downloaded files to the /sdcard directory on the internal storage of your device.
- From the ROM Manager, select Reboot to Recovery. This will boot your device into ClockworkMod Recovery.
- From ClockworkMod Recovery
- Select wipe data / factory reset.
- Under advanced, select wipe Dalvik cache and wipe cache.
- Navigate to install zip from sdcard > choose zip from sdcard > tf101-ics4.0.3-20120121-cwm.zip
- Select flash icygappsv2.zip
- Select reboot system from the main menu.
Thats it's you should now have an Asus Eee Pad Transformer running Android 4.0.3 Ice Cream Sandwich.
You are also advised to download and install a CPU control app like SetCPU, No-frills CPU control or Antuantu and set them to interactive governor.
source - XDADevelopers