Went to rescue mode & edited inittab to runlevel 3 & bang she starts up like a beauty. And then came the Network problem ;) I had configured the card during install..seems that wasn't enough. Had to run redhat-config-network & that didn't do the trick either. I bagan to wonder if DIAS had gone down when I decided to run netconfig & then a service network restart later, had Internet back up. Grrrrr. Now if only I can Thunderbird back up on her feet..... ;)
I guess Devdas was right when he said "Fedora is Beta, keep upgrading it & it should be fine".