Fedora 17 on ARM was released yesterday on a large set of
ARM machines, but no mention of RPi.
http://lists.fedoraproject.org/pipermail/arm/2012-June/003569.html
in other news, the Foundation released a beta of the next version
of Debian (Wheezy), and Eben mentioned that they would like to
move to Raspbian (Wheezy with hard float), but no mention of
reconsidering Fedora.