The Fedora Commons has released Fedora 3.2.
Here's an excerpt from the announcement:
Included in Fedora 3.2 is the long-awaited, web-based administrative client, initial integration with the emerging Akubra storage- abstraction layer, many useful bug fixes, and the experimental release of a Fedora decoupled from the familiar 'fedora' context path.
Read more about it at "Fedora Repository 3.2 Release Notes."