Unfortunately, it appears that there is no way to use the -icheckpoint parameter with the "W3C" input format in the current version of LogParser. According to the LogParser documentation, the -icheckpoint parameter is only supported for "IISW3C" and "NCSA" input formats.
One potential workaround would be to parse the "_x.log" files using the "W3C" input format without the -icheckpoint parameter, and then manually track the progress of the parsing and resume parsing from where it left off in case of an interruption. This would require some custom scripting and error handling, but it could be a viable option if you cannot find a way to use -icheckpoint with the "W3C" input format.
Another option would be to switch to a different log parsing tool that supports both X-Forwarded-For data and checkpointing for the W3C input format. Some potential alternatives to LogParser include AWStats, Webalizer, and GoAccess. However, switching to a different tool may require some changes to your parsing and database insertion process.