The Android-X86 project is still going strong and work is progressing to get the latest Android version (4.2.2) to a useable state. Active community members, tablets-x86 have now put together a hacked build using the latest x86 4.2.2 source and bits and pieces from CM, AOKP and files on XDA. The ROM is far from complete but does boot.
Unfortunately on my device I could not get WiFi to work and without an Ethernet port was unable to conduct too many tests. Camera wasn’t working, but screenshots were and saved properly, something that has been troublesome in the past.
The ROM and discussion thread with install instructions can be found in the X86 google group pages.