I don't see why it wouldn't be possible, but, I would recomend updating the system if possible. I would think that beryl is depricated, and you have to compile compiz from source code, which can be found at http://releases.compiz-fusion.org/0.6.0/
. Unpack to /usr/src, and do the ./configure;make;make install song and dance.
The listed prerequistes are as follow, but are debian packages:
build-essential libxcomposite-dev libpng12-dev libsm-dev libxrandr-dev libxdamage-dev libxinerama-dev libstartup-notification0-dev libgconf2-dev libgl1-mesa-dev libglu1-mesa-dev libmetacity-dev librsvg2-dev libdbus-1-dev libdbus-glib-1-dev libgnome-desktop-dev libgnome-window-settings-dev gitweb curl autoconf automake automake1.9 libtool intltool libxslt1-dev xsltproc
build-essential is not availible on the yum system, just make sure you have kernel-devel, gcc and the likes installed, replace the dev in the names with devel, and give it a shot for building. Also, the gnome libraries probably aren't needed if you're running kde, you should be able to use the kde libraries instead if you are not running GNOME.
Let us know if you have any issues, I'll run a test on it to see what is really needed an make a HOWTO if there's issues.