Oracle has decided to fix Windows XP installation. As of the JRE 8u25 release in 10/15/2014 the code of the installer has been changes so that installation on Windows XP is again possible.
However, this does not mean that Oracle is continuing to support Windows XP. They make no guarantee about current and future releases of JRE8 being compatible with Windows XP. It looks like it's a run at your own risk kind of thing.
See the Oracle blog post here.
You can get the latest JRE8 right off the Oracle downloads site.