for recovery/bootloader
While the phone is powered off, press the Volume up, End, and Power buttons at the same time. it will go through the Huawei screen and the Cricket screen before getting to the recovery mode.
Here a link for the book:
huaweidevice.com/community/servlet/JiveServlet/download/175-288856-293390-9525814/HUAWEI%20ASCEND%20M860%20Smart%20Phone%20FAQs-(V100R001_01,EN).doc
One issue I had with rooting the phone was that it looped when running the program or said 'waiting for device'. I unplugged the usb cable and un-checked USB de-bugging then re-checked USB debugging and it worked great.
I just finished rooting my friends phone and we installed barnacle for the wifi tethering (which is why we needed the root!). 2 for 2 !