Sorry to be bumping such an old thread, but I was going to use this unit in my FF mod as the sea barb, only to find that none of the files here had pedia or units_32 icons....
Therefore I made my own.... The pedia Icons come from a photo of a table-top game Kraken figure on top of simulated water, and all I did was to pull a bit of editing in PSP to make the figure look like it was actually in the water. The Units 32.pcx I made by taking one of the frames from the attack animation, re-sizing it and applying the appropriate pallette.
Anyways, here are the squid's icons: