Many thanks to IEF and the rest of the AlphaRev team who are working on bringing this to the masses.
AVAILABLE TO THE PUBLIC IN BETA FORM AT http://revolutionary.io/
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Yes this will work on the .97 bootloader. It involves flashing a custom inc s bootloader, then running the exploit.
Yes this is the Verizon Droid Incredible 2. Note the Vivo_W in the header of the pic below.
No, you can't just flash the Inc S bootloader then use alpharevX.
No, you can't ask for ETA's. I'm not a member of Alpharev and will not ask for you!
No, this is not fake, take a look at the videos posted by Jcase further on in the thread.