Just updated the Raspberry Pi to kernel 3.7.7 – incrementally..  See previous posts for details on how this is done..

Fedora release 18 (Spherical Cow)
Kernel 3.7.7-pi on an armv6l (ttyAMA0)
……………..
]$ uname -a
Linux rgpi 3.7.7-pi #1 Tue Feb 12 17:17:08 GMT 2013 armv6l armv6l armv6l GNU/Linux

Robert Gadsdon.   February 12th 2013.