[Verizon Droid Incredible 2] devator22:
It took me some searching to find this information, so I thought I would post it here in an easy format. This will get the modded CWM flashed on your Inc2 so you can start enjoying root.

*--*--* I am not responsible for any damage that may occur to your phone by following this guide or any other guide. If you are at this step, your warranty is already void, and if you lie to Verizon to get a replacement, an angry bear will break into your house and molest you quite thoroughly. Those people are the reason why Verizon is forcing locked bootloaders, and why I had to wait two months to root my Inc2. Don't be one of those people. You might be a noob, but that doesn't excuse you from doing research. In short, anything that happens is your own damn fault, and you can't blame anyone else. /rant *--*--*

Now that that is out of the way, the steps:

1. Download the android SDK here http://dl.google.com/android/installer_r12-windows.exe I don't really want to go into details on this, as it is explained on the site and in the sdk itself. Basically, install and then follow the directions here http://developer.android.com/sdk/installing.html specifically the part about the sdk tools.

2. Open the sdk tools folder, select adb.exe and adbwinapi.dll, then copy them to somewhere easy to find. I just dumped them in the C:\ folder.

3. Download http://android-roms.googlecode.com/files/fastboot-win32.zip and extract to the same folder with the other files (C:\ in my case).

4. If you haven't already, download the CWM file from here http://xdaforums.com/showthread.php?t=1134520. Extract the main image (not the osx image) to the same folder with the other files (not necessary, but makes things easier).

5. Boot into fastboot by powering the device off, then powering back on while holding the volume down button on the side. It should boot to a white screen, similar to what you saw when you first rooted it. Plug your phone into usb if you haven't already.

6. Open the Command Prompt. Type (without the quotes): "cd (the folder where adb is)" so, "cd C:\" in my case. Next: "fastboot flash recovery cwm-recovery-vivow.img" and when it is done, "fastboot reboot".

7. Rooting the phone is only the beginning. You still need a rooted kernal, and su and busybox. Without these, rooting does you little practical good. To that end, follow RMK's guide here: http://xdaforums.com/showthread.php?t=1160745. That will get you all set up to start enjoying root fully. I would recommend installing ROM Manager from the market and using it to flash the latest CWM (4.0.0.8). ****NOTE that you need to already have CWM to flash the su and then flasht he new CWM. I know, it seems silly, but that's the way things are. Also, a disclaimer: a few people have had problems with the newest CWM not working properly for them. It worked for me, though, and there is a fix on page four of this thread.

Credit goes to attn1 for the modified CWM, xgunther for posting it/original instructions, and crazythunder of Android Community for the original instructions for using fastboot with a G1. Hope this helps :)

Some information from supersonic that those trying this on linux will find useful. Thanks!