Fuduntu, a Linux distribution based on Fedora that comes with GNOME 2 by default but provides rolling updates for non-GNOME2 packages, has reached version 2012.3.
Fuduntu 2012.3 doesn't come with major desktop changes except for a new terminal font called Infinality Freetype: Avant Window Navigator is still used as the default launcher, there's a GNOME 2 panel on the top and so on, but there are many changes under the hood like updated GCC to 4.6.3, Anaconda 16, GRUB 2 used by default and more.
Updated packages in Fuduntu 2012.3:
- Kernel 3.4.4
- Chromium 19.0.1084.56
- Firefox 13.0.1
- Thunderbird 13.0.1
- LibreOffice 3.5.4.2
- GIMP 2.8
- Pidgin 2.10.4
- Grub2 2.0-0.27
- VirtualBox OSE 4.1.16
- GCC 4.6.3
- Infinality Freetype 2.4.10
- WINE 1.4.1
In Fuduntu 2012.3, it's also easier to enable a proprietary driver: simply install nvidia-kmod, catalysst-kmod, wl-kmod or kmod-VirtualBox-OSE and restat your computer. Currently, Fuduntu supports Nvidia display driver 290.10, ATI Catalyst 12.4 and Broadcom Wifi Adapter driver 5.100.82.112, but there's an additional "kmod-staging" package that provides newer, but unsupported drivers.
For more information, check out the official Funduntu 2012.3 release announcement.
Thanks to Fewt for the tip!