Wouldn't recommend it for Joe Public use
Fedora is a beta OS, always. It's endlessly evolving and on each new release you really need to wipe the system and start again, and that's every few months! I couldn't keep up with Fedora, it's too much hassle.
As for netbook support, well I found notebook support was flaky unless you had perfectly linux compatible hardware, and due to the exclusion of certain items due to legal issues, I had to hunt down relevant drivers to get everything working, along with a lot of mucking about with command prompts, scripts and recompiling the kernel. Still couldn't get the wifi working properly. Not acceptable for Joe Public, but I wouldn't recommend Joe Public goes anywhere near Fedora anyway. Latest and greatest it may be, but it's really a beta OS that will never be released (unless you could RHEL as the release version).
For a polished netbook linux OS, check out Jolicloud. The UI is a bit radical but it takes advantage of the small screen and the nature and typical use of a netbook to provide what most users would want and not what they don't need (and avoids command prompts and scripts as much as possible). Plus they support specific netbook brands and try to ensure all the components work.