Comment I read the Faq for their project (Score 3, Informative) 37
I'd rather use Fedora 17.
From the FAQ:
It supports the Essex version and will support the next rev when released, but this part bothers me:
"What are the requirements for using the preview software?
A: The preview version of the Red Hat OpenStack software only works with Red Hat Enterprise Linux 6.3 or higher. You'll need a Red Hat Enterprise Linux subscription for each server you install with the Red Hat OpenStack software."
It maybe less work than with Fedora 17- but 17 includes OpenStack and has a how to get started (some bash-ing required).
http://fedoraproject.org/wiki/Getting_started_with_OpenStack_on_Fedora_17