The AlphaRevX team who unlocked and perm-rooted the Incredible S has apparently found a similar method that works on the Incredible 2. This marks a pretty significant day for folks who shelled out for the Inc follow-up, since up until now there has only been a temp-root that would wipe each time you rebooted your phone. With S-OFF achieved though, they should have perm-root in no time (might already) and then the fun can really begin.
Stay close, as we’ll post up instructions the minute they drop.
Update: Our man jcase with @TeamAndIRC assures us that the phone in the video has perm-root and Clockwork Recovery on it.