Fedora is one of the Red Hat distros namely more of a server type while others like SUSe, Debian, Mandrake, kubuntu, and others are more for the stand alone desktop. Small distros like Puppy, Zenwalk, and some others are usually pointed at for being the easier for the newbie to learn.
A live for cd distro is a self contained OS on a cd where you simply boot from that without a need to install anything to the hard drive. In fact Knopix gets a high award for being a life saver when an MS partition becomes inaccessible and you simply boot from a Knoppix live cd to copy files from the unavailable drive/partition.