Skype has released a beta version of Skype 2.1 for Linux. It worked "right out of the box" and fully supports Fedora’s pulseaudio system. It also detected that I was playing music and paused it when I made and received a call.
After only a bit of tweaking and googling, I have Skype working on my Fedora 11 Linux desktop.
Step 1: Set up a .repo file for Skype and install Skype via yum.
Step 2: Understand it won’t work with pulseaudio and install alsa-oss. (Thanks, Jerry Feldman).
Step 3: Set the sound configuration to use the "plughw" component for the sound card.
Skype repo file:
$ cat /etc/yum.repos.d/skype.repo [skype] name=Skype Repository baseurl=http://download.skype.com/linux/repos/fedora/updates/i586/ enabled=1 gpgkey=http://www.skype.com/products/skype/linux/rpm-public-key.asc gpgcheck=0
yum install alsa-oss modprobe snd-mixer-oss modprobe snd-pcm-oss