I'm going to hold out too. I'm spending entirely way too much time trying to figure this out. LolIt sounds like people are having luck with the scorched earth method... I'm going to hold out hope that another fix comes around though.
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FYI, after trying numerous methods, I finally found one that worked: http://www.droidforums.net/forum/droid-2-hacks/80080-much-simpler-guide-rooting-no-pc-required.html
I used this package from droidlife, which contains all the necessary files: MEGAUPLOAD - The leading online storage and file delivery service
(I replaced Superuser.apk with the latest version though)