This latest beta and the software is still in beta despite being almost a requirement on Android devices that are not straight Android experience devices like Nexus devices includes downloadable languages for tablets and accuracy improvements. Head over to Swype's website to grab the beta for your ICS handset or tablet.
For those not aware, Swype is a software keyboard that allows users to trace (or swipe) their finger from character to character. It tracks those characters to spell out entire words. You simple move your finger without lifting it from "w" to "o" to "r" to "d" to enter "word."
If Swype can't figure out what you're "typing" then it offers up suggestions. Good Swype users can easily out-Swype regular texters, even those using a hard keyboard.