Android 4.0 is getting closer to release for x86 processors after they released a release candidate version. It includes (not the latest though) 3.0.8 Linux kernel with KMS enabled. It should be working for most laptops/netbooks.
It's based on Android's 4.0.3 and supports OpenGL hardware acceleration on AMD Radeon and Intel chipsets. It also includes support for multi-touch, Wi-Fi, audio, Bluetooth, accelerometers and some built-in cameras. However, its developers note that suspend and resume may not work on some targets, and that Ethernet (wired LAN) is not currently functioning. More features can be seen on the release notes.
If you are interested with this release, go download it.