What is System Information Block Type 8 in LTE?

It is the LTE broadcast block that gives the UE inter-RAT reselection information for cdma2000 systems such as 1xRTT and HRPD.

Why is LTE SIB8 important?

Because it often explains why an idle UE stayed on LTE or moved to a cdma2000 system.

What should I inspect first in LTE SIB8?

Start with whether the page carries 1xRTT parameters, HRPD parameters, or both, then inspect the priorities and threshX values.

How does SIB8 relate to SIB7?

SIB7 extends LTE mobility toward GERAN. SIB8 extends the mobility view toward cdma2000.