Huge thanks to the guys at unrevoked for doing this. Now maybe the developer scene will pick up now that more people are rooting their incredibles.
All this is kind of making me think that the Droid X might not be my cup of tea after all. Root will be possible on the X but installing custom ROMs will be almost impossible due to the locked bootloader. We will have to wait and see. I will probably end up with a Droid X and hoping for someone to fix the bootloader lockdown