Upgrade and Rooting Motorola Xoom Paths
You could try CyanogenMod 9 (there's a release candidate now):

CM9 has support for the Motorola Xoom (wifi), and the Motorola Xoom (Verizon) at this point.

Here's CyanogenMod's update guide from their wiki for the Xoom.

You have to backup your device in advance, of course (using TitaniumBackup for example).