I was actually wondering about this too. I'm still not completely sure what rooting means. I've been with crackberry for so long, downloading leaked OS's is like second nature...this is a whole new world for me lol
Noob question: does this information give any indication of a locked bootloader?
In a nutshell, rooting gives you full access to parts of the filesystem that the manufacturer normally tries to lock you out of.
Once you have root (superuser) access, you can install certain apps that need access to those "locked out" parts of the filesystem (apps like wifi tether, screenshot apps, overclocking apps, full filesystem browsers, etc). Rooting also provides you with the ability to remove bloatware, install custom themes, remove Sense (for those that don't like it), and install custom ROMs.
Another part of rooting is the installation of a custom recovery partition like clockworkmod. This allows you to make full and complete backups of you filesystem in the event that something on your phone goes wrong. You can recover from soft bricks by restoring to one of these backups.
Point is: Everything to gain by rooting, nothing to lose - well, except maybe your warranty
You can see in one of the pictures the word "S-OFF" which means no locked bootloader.
It means the security switch is set to "off" which means you CAN install unsigned ROMs (the very thing that locked bootloaders try to prevent).
HTC doesn't use locked bootloaders, Motorola does - hence the reason that many people prefer this phone over the Bionic (which is expected to have a locked BL)
good info, thanks...so when you go to do the actual "rooting", do you just click on a link, or is there a lot more involved? Are there updates to roots to where it has to be done more than once? I probably sound like a beginner who shouldn't even be messing with this stuff (which I am with android), but once I do it for the 1st time, I will be good to go in the future..(sorry, this prob isnt the place to ask these questions, so i'm gonna search around too)