The talented XDA Dev team has managed to root Motorola's Droid 2 just two weeks after the smartphone's launch.
The root method, which requires a fair amount of familiarity with ADB, will (eventually) allow the device to run (future) custom ROMs.
But as Blake of IntoMobile notes, the Droid 2 currently lacks a custom recovery image.
"This is needed to install custom ROMs, which as of now, there are none. That means you won't be able to install any third-party Android ROMs on your rooted Droid 2.
"[Yes], they will be on their way at some point, but right now, the main appeal to rooting the Droid 2 right now is to use root-only applications, and remove the bloatware that Verizon has thrown on the device."
However, XDA is recommending that rooters refrain from removing Verizon's bloatware until a working custom recovery or SBF file is coded and available.
Rooting instructions can be accessed here, but please remember: rooting voids the terms of your phone's warranty and Verizon service contract.
Proceed at your own risk.