I found the guide I have been waiting and looking for! I hope this helps those that need the precise step by step like myself!!!
Droid X Gingerbread 4.5.588 Rooted Installation Guide (THIS IS THE LATEST VERSION) - Droid X Releases - AllDroid Public Board
Droid X Gingerbread 4.5.588 Rooted Installation Guide (THIS IS THE LATEST VERSION) - Droid X Releases - AllDroid Public Board