Hi,
I myself like the idea of the red fedora. I've just edited a
photo of a real Red Hat Fedora I found on web and put it here:
http://www.cs.toronto.edu/~behdad/fedoralogo/fedora.html
The one on panel is poorly shaded. The Gimp source is at
http://www.cs.toronto.edu/~behdad/fedoralogo/fedora.xcf
To me these look more modern than the current ones ;-).
behdad