My attempt at fedora rootstrap scripts - incomplete as I'm still verifying some of the internal settings, but it will get things started.
1. Expand /mnt/storage to be at least 2G or use a USB stick at least that size.
2. Establish a good internet connection. This will download a few hundred megabytes.
3. Untar the above into the target partition.
4. Run "getfedora.sh", and wait. Maybe start it late before going to bed .
It downloads and untars the rootfs, moves the files into it, chroots and run yum to install the packages.
To run things after it finishes, do "chroot rootfs-f12", then run fedorastart.sh inside the chroot to set the environment up there.
There will likely be another archive with my config files or a post-shell-script to finish the setup and add the configuration I've already done.
Not all things are configured for the chumby just after installation (I'm testing and going through it so it might be a while), so there will be an update, but you can start downloading now.
It includes C and the Qt libraries (maybe not enough to compile the webkit browser). It doesn't include firefox, but you can do a "yum install firefox" after X is up.