Same laptop but FC3 - i have had all sorts of problems, but eventualy i have installed it ok.
i belive you will have nothing but problems with acpi=off - yes, for me touchpad worked with acpi=off, bot wireless card did not - and that is something i couldn't live without.
- i was using latest Fedora update kernel, patched with custom DSDT - this allowed battery meter to work fine.
- boot without acpi=off - (acpi should be on , else i get IRQ disabled for both ipw2200 and soundcard)
- to force touchpad to work had to run: echo -n "psmouse" > /sys/devices/platform/i8042/serio0/drvctl
search my posts in this group to see what bothered me along the way.