Thanks Jerry. Though, I was impatient and deleted android, bin folders and started over with thekraven's ICS1.
reposync finished successfully but getting this error with make bacon.
Code:
target Generated: libwebcore <= external/webkit/Source/WebCore/dom/make_names.pl
target Generated: libwebcore <= external/webkit/Source/WebCore/dom/make_names.pl
target Generated: libwebcore <= external/webkit/Source/WebCore/dom/make_names.pl
target Generated: libwebcore <= external/webkit/Source/WebCore/css/tokenizer.flex
target Generated: libwebcore <= external/webkit/Source/WebCore/html/parser/HTMLEntityNames.in
Notice file: external/webkit/NOTICE -- out/target/product/thunderc/obj/NOTICE_FILES/src//system/lib/libwebcore.so.txt
Notice file: external/webkit/NOTICE -- out/target/product/thunderc/obj/NOTICE_FILES/src//system/lib/libwebcore.a.txt
Notice file: external/libxml2/NOTICE -- out/target/product/thunderc/obj/NOTICE_FILES/src//system/lib/libxml2.a.txt
Notice file: external/skia/NOTICE -- out/target/product/thunderc/obj/NOTICE_FILES/src//system/lib/libskiagpu.a.txt
Notice file: external/v8/NOTICE -- out/target/product/thunderc/obj/NOTICE_FILES/src//system/lib/libv8.a.txt
Notice file: external/webrtc/NOTICE -- out/target/product/thunderc/obj/NOTICE_FILES/src//system/lib/libwebrtc_audio_preprocessing.so.txt
Notice file: external/icu4c/stubdata/NOTICE -- out/target/product/thunderc/obj/NOTICE_FILES/src//system/usr/icu/icudt46l.dat.txt
Notice file: dalvik/dexdump/NOTICE -- out/target/product/thunderc/obj/NOTICE_FILES/src//system/xbin/dexdump.txt
Notice file: external/bluetooth/bluez/tools/NOTICE -- out/target/product/thunderc/obj/NOTICE_FILES/src//system/xbin/hcitool.txt
make: *** No rule to make target `vendor/cm/proprietary/Term.apk', needed by `out/target/product/thunderc/system/app/Term.apk'. Stop.
make: *** Waiting for unfinished jobs....
Notice file: system/su/NOTICE -- out/target/product/thunderc/obj/NOTICE_FILES/src//system/xbin/su.txt
vamshi@ubuntu:~/android/system$
EDIT: Ran make bacon again and its
running