Additionally, to limit the chance of causing an error that could cause your system to fail to reboot, you can proceed as follows:
Make a copy of the existing initrd and modify the copy as Bill suggested, thus leaving the original untouched, and create a new entry in /boot/grub/menu.lst copying your existing 'Fedora' entry, like in the following example (as root):
Existing entry (taken from my menu.lst: Yours will be slightly different)
Code:
title Fedora (2.6.21-1.3228.fc7)
root (hd0,0)
kernel /vmlinuz-2.6.21-1.3228.fc7 ro root=LABEL=/ rhgb quiet
initrd /initrd-2.6.21-1.3228.fc7.img
Existing entry + duplicate
Code:
title Fedora (2.6.21-1.3228.fc7)
root (hd0,0)
kernel /vmlinuz-2.6.21-1.3228.fc7 ro root=LABEL=/ rhgb quiet
initrd /initrd-2.6.21-1.3228.fc7.img
title Fedora_dup (2.6.21-1.3228.fc7)
root (hd0,0)
kernel /vmlinuz-2.6.21-1.3228.fc7 ro root=LABEL=/ rhgb quiet
initrd /initrd-duplicate.img
This way, if anything goes wrong, you'll still be able to boot into the original initrd. If it works, you can remove the duplicate from /boot/grub/menu.lst and rename the new initrd to the old one; if not, just remove the duplicate entry and the new initrd.
Good luck! (and please don't forget to post again to report on the outcome or to ask for additional info)