The Fedora Project has announced the release of Fedora 7, code name "Moonshine": "Howdy, cousins! Welcome to our little Fedora hollow, where we've brewed up some mighty, mighty Fedora 7 Moonshine for your enjoyment." The latest version of the popular distribution comes with a number of new features, including "spins", or variations of Fedora built from a specific set of software packages, the latest GNOME 2.18 and KDE 3.5.6 desktops, fast user switching, improved internationalisation support, a new SELinux troubleshooting tool, significantly faster package management utilities, a new kernel-based virtual machine technology, and many other enhancements.
http://fedoraproject.org/get-fedora.html
Already installed the x86_64 version on my desktop via the KDE liveCD and testing this little beast out.