I have tried this two ways. First I have tried installing a fresh FC2 and then I installed FC1 which worked fine and upgraded it.
Here is what I get:
Booting 'Fedora Core (2.6.5-1.358)'
Filesystem type is ext2fs, partition type 0x83
kernel /vmlinuz-2.6.5-1.358 ro root=LABEL=/ rhgb
[Linux-bzImage, setup=0x1400, size=0x1235b7]
[Linux-initrd @ 0x17fc200, 0x2dcf2 bytes]
At this point nothing happens. I have tried using hde=noprobe and hdg=noprobe along with leaving off the rhgb parameter with no change.
The board is an Abit BH6 with a PIII-500 which has been termed "old faithful" because it has done just about everything I have thrown at it. It has IDE HD and DVD-ROM on different channels.
I used the CDs for the upgrade from FC1 to FC2. I made a ghost backup of the working FC1 so I can try just about any suggestion.