No I don't think so, here is the excerpt from the grub file:
GRUB_CMDLINE_LINUX="rd.md=0 rd.lvm=0 rd.dm=0 SYSFONT=True KEYTABLE=de rd.luks=0 LANG=en_US.UTF-8 rhgb quiet"
Would be nice to see your experience. I might be a bit oversensitive, however on a fedora machine of a friend it seemed to be much smoother. He's running a 2 year old geforce middle class graphic card. Though, it isn't the newest you can get but probably faster than mine ...
In addition, it is not only f17 with gnome-shell making these problems. Actually all current distributions running gnome-shell, unity 3d or kde do not run very smooth.