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Most of us IMO just want a working OS. I couldn't care less about edgy Linux distro that just isn't stable enough for desktop or server. I don't want to be a beta (or alpha) tester for Red Hat :/
Then use CentOS, Ubuntu, Suse or any other stable/user-centric distro. This is OSS we're talking about here, so nobody forces you to use Fedora - it just provides the possibility to get in touch with bleeding edge technologies and also learn a lot about development process and future of FLOSS if you follow the mailing lists that are publicly accessible.
I was referring to Fedora loosing appeal. Red Hat Linux and first Fedoras were quite stable, at least in my experience. Not so much with the latter ones.
Pah-leeze... I have been using Fedora 6 to do all my work on and it works great. I am using Fedora Test 7 to write this on. No problems so far. It looks great and it is working nicely. I also have MySQL, PHP and Apache web server running in the background for testing. All the servers are running smoothly.