In regards to losing root I am not sure if you will lose it or not, I am new to all this but I can say I have Nexus 2012 that ran very poorly after using the ota updates to get to 5.1.1. It essentially bricked the tablet. What I did find was after deleting everything and unlocking the tablet and using fastboot to flash to 5.1.1 the tablet works. I believe there is an issue with 5.1.1 and the facebook app but my tablet works great now without facebook that is. Hope this helps.