We saw the DROID RAZR pre-order go up just a few days ago, and now we're getting a better picture of what the mod situation will be like on the device. So, running through what we know so far: it's likely that the bootloader on the international version Motorola RAZR will be unlockable, but the DROID RAZR will not be unlockable. In addition, we now know that P3Droid has announced that the RAZR does have a working root.
That's all the info we have so far. No word on how the root will work or if it will be a permanent root or not. However, if this is the same root method that was found by P3Droid to work on all other Gingerbread Motos, it should be a pretty easy process. So, it looks like those of you getting the RAZR can have a race to see whether Motorola ships the ICS update in January before or after Cyanogen has a working ICS ROM for the RAZR.
source: P3Droid via Android Forums