Although a bit delayed, here's the Fedora 14 installation tips. Based on Mauriat Miranda's guide. Assuming you've gotten the DVD, and installed a fresh system, here's the initial steps to make you feel comfortable. (This is all based on a 64 bit machine).

Initial update
Assuming you've installed from a pre-built DVD, you're initial install will be somewhat out of date. Always do an update before trying to fix or add other stuff.

yum -y update

Third Party Repositories
You'll need them for various patent encumbered libraries and apps, for playing MP3, DVD, etc.

sudo rpm -ivh
sudo rpm -ivh

Main packages
Here's my personal selection of packages for work and leisure.

yum -y install ant arj audacity autopano-sift-C bash-completion digikam dosbox dvdauthor dvgrab easymock easytag emacs enblend flash-plugin geeqie gimp git gitk gnome-mplayer gnome-volume-manager gnucash gstreamer-ffmpeg gstreamer-plugins-ugly gthumb gtkpod htop hugin ImageMagick java-1.6.0-openjdk java-1.6.0-openjdk-javadoc java-1.6.0-openjdk-plugin java-1.6.0-openjdk-src k3b-extras-freeworld kdebase kdegraphics kdiff3 kino kover ktorrent lame-mp3x libcddb libdvdcss liberation-fonts-common liberation-mono-fonts liberation-narrow-fonts liberation-sans-fonts liberation-serif-fonts mencoder mjpegtools mozplugger mp3gain ncftp obexfs OpenEXR OpenEXR_Viewers parcellite pidgin-otr qemu-launcher qtpfsgui quicksynergy rdesktop samba subversion thunderbird thunderbird-lightning transcode ufraw ufraw-gimp unrar vcdimager vdr-mp3 vlc w3m wine wireshark-gnome xine xine-lib-extras xine-lib-extras-freeworld xmms xmms-faad2 xmms-mp3 xmms-pulse

MPlayer Codecs

wget -O /tmp/all-20110131.tar.bz2
mkdir -p /usr/lib/codecs
tar -jxvf /tmp/all-20110131.tar.bz2 --strip-components 1 -C /usr/lib/codecs/

DVD Playback

wget -O /tmp/libdvdcss-1.2.10-5.fc14.x86_64.rpm
wget -O /tmp/libdvdcss2-1.2.10-5.fc14.x86_64.rpm
yum --nogpgcheck localinstall /tmp/libdvdcss2-1.2.10-5.fc14.x86_64.rpm /tmp/libdvdcss-1.2.10-5.fc14.x86_64.rpm

(Thanks to Riccardo Riva)

wget -O /tmp/skype-beta-fc10.i586.rpm
yum install -y qt-x11.i686 libXScrnSaver.i686 alsa-plugins-pulseaudio.i686
yum install --nogpgcheck -y /tmp/skype-beta-fc10.i586.rpm