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Droid X is already hacked and rootable. I am staying away from rooting for now since I JUST got this thing and don't want to eff anything up.
I rooted my incredible a week ago, its not that hard to do. the first thing you do after you root it is to make a backup so if you do make a mistake you can restart in restore mode and its all good. and you can always un root so if you want to get an ota update and go back to stock.