Use my masterpiece ;-) qemulator to ease up the handling of qemu.
Go to http://qemulator.createweb.de
and download it or if you use Debian/Ubuntu: sudo apt-get install qemulator. Than within it create a new machine that boots from your fedora CD/DVD. After that select this machine in the main-list, go to System->Install a System in main menu and follow the steps of the assistant. Finally run fedora from within qemulator and have fun.