Fedora 16 has been released today, you can find the release notes here:

Release Notes for Fedora 16

You can download Fedora from their home page here:

Get Fedora

It has been a while since I done a Fedora upgrade, so I have not used Gnome 3 yet (3.2 with this release), so I am looking forward to trying out this release and the new version of Gnome. I also really like the new Jules Verne inspired desktop them, some screenshots of which are here:

Some Fedora 16 Verne screenshots