Hope springs eternal, especially for this!
Lunar 2 quote!
All kidding aside, i followed the instructions on SDO developers with a 2 gig pny memory card from walmart. I got it to go through the first time. I tried the 10 minute method and failed over and over again. Here are the instructions from XDA that i followed.
THESE ARE NOT MY INSTRUCTIONS, I GOT THEM FROM XDA. Sorry for the caps, i did not want to get lynched.
Alternate Method (Credit: Binny)
Start from the !triangle screen
Hit Power and volume up
Hit reboot and pop out sdcard
Wait for the white HTC Incredible screen then type adb reboot recoveryuntil it reboots
Wait for the white HTC Incredible screen again
Soon as you see flicker on screen pop in sdcard
Wait for the !triangle screen and type adb devices If you see device listed with (recovery) next to it, follow the instructions below. If not, start at step 1 again.