Just an update, another one that kept root. I followed this plan:
1) FXZ to .246 using HOB
2) Use HOB to root Bionic again
3) Double checked that su binaries were updated
3) "Protect Root" with OTA Rootkeeper
4) Download Safestrap 3.11 and leave it be; do not install recovery
5) Go to Superuser and press "OTA Survival"
5.5) Note: I did not temp unroot. Played with it earlier and it seemed flaky, so I left it rooted.
5) Install JB update
6) Go to OTA RootKeeper when JB is done installing and press "Restore root"
It took some time for this to actually settle in and work, not really sure why.
I then installed Safestrap, backed up the stock slot, made a new slot 2 and restored the backup there. Now running the stock rom in Slot 2 leaving the stock partition alone for now.
Anybody know if most custom roms should run OK with the JB update installed or should we wait for them to be updated (if they ever are)?