Isn't it cool, though Windows 8 is bit boring
I downloaded Virtualbox 64 bit ubuntu package from
http://dlc.sun.com.edgesuite.net/virtualbox/4.1.20/virtualbox-4.1_4.1.20-80170~Ubuntu~precise_amd64.deb
Installed Windows 8 Release Preview (from)
http://windows.microsoft.com/en-US/windows-8/download
Downloaded Virtualbox Extension pack and double clicked
http://dlc.sun.com.edgesuite.net/virtualbox/4.1.20/Oracle_VM_VirtualBox_Extension_Pack-4.1.20-80170.vbox-extpack
Added my user to vboxusers
To modify groups in Ubuntu unity I followed this link
http://etechedu.blogspot.in/2012/01/install-users-and-group-management-tool.html
After running windows 8, Unmounted Xperia S from Ubuntu which mounted it in Windows 8 and there I have it like native!!