  We report updates on two analyses of inclusive semileptonic B decays based on
a dataset of 89 million BB events recorded with the BABAR detector at the Y(4S)
resonance. Events are selected by fully reconstructing the decay of one B meson
and identifying a charged lepton from the decay of the other B meson. In the
first analysis, the measurement of the first and second moment of the hadronic
mass distribution in Cabibbo-favored B ->X_c l nu decays allows for the
determination of the nonperturbative parameters $\bar{\Lambda}$ and $\lambda_1$
of Heavy Quark Effective Theory (HQET) and |Vcb|. In the second analysis, the
hadronic mass distribution is used to measure the inclusive charmless
semileptonic branching fraction and to determine |Vub|.
