Verizon doesn't like the Droid3 because its 3G radio is hackable in such a way that Verizon cannot force D3 users to pay for their unlimited data twicce, is one way of looking at this.
I really doubt that this is a Verizon-driven decision, since HTC has already announced that the DInc2 will get ICS (and it has a sort-of unlockable bootloader.) I really think that Motorola has to balance the amount of effort for a build like this against a realization that it generates zero revenue for the effort. It may also be that the Moto customizations were tested on 512 MB RAM devices and shown to be too fat to work well. However, I'd think it's more that Motorola would rather their engineers work on future and current products that still generate revenue rather than making a massive effort to support a now-legacy device.
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