Hello Simon,
This means that the maximum allowable internal bus frequency has been "standardised" to 8MHz over all HC908 devices. (This limit is not applicable to the newer 9S08 devices.)
The internal bus frequency determines the CPU cycle period, that determines the execution period required for each section of code. For devices that do not contain or use a PLL module, the frequency of the internal oscillator, external clock, or external crystal will usually be four times the internal bus frequency.
Regards,
Mac