We have already seen CyanogenMod 7 running on the Droid Bionic, and now we have another video which shows the Droid Bionic dual booting into CyanogenMod 7, the hack was originally done of the Droid 3 and then the same method was used on the Droid Bionic.
The video below shows the Droid Bionic dual booting Android 2.3 Gingerbread with CyanogenMod 7, and it uses an original hack for the Droid 3 which was put together by developer hashcode.
This is an amazing hack by Hashcode! He built a hack to load CM7 on the Droid 3 that will also work on the Droid Bionic! I tested it on the Droid Bionic today and it worked! (ya I am crazy)
Now you need to note that this is in the beginning stages, but with us Devs teaming up, this can be great!
You can find out more details about how this was done over at RootzWiki.
Source Android Community