After a couple of false alarms it looks like the folks over at XDA-developers.com have finally managed to crack open the X10 and have come up with a working rooting procedure for it. This is great news for anybody who owns this device as it will finally give those that choose to go the rooting method more control over their device. It should also lead to some custom developed ROM’s for it. Maybe Cyanogen could be convinced to add it to his list for CyanogemMod.
For those interested, you can find the post containing the rooting procedure and links to the required downloads, on the XDA-Developers forum right here.
Thanks to Jerpelea, biktor_gj and Bin4ry! for all their hard work.