> As a production distro... well... it depends *very* much on exactly what you are doing, what you need, what you expect, and what resources you have to pick up when Fedora's goals diverge from your own. (Fedora devs are quick to say "that's not our problem" when goals diverge.)
Any comments I've seen were about "community does not wait for any single". But look at the typical sitution: I'm an ordinary desktop user, it is not too difficult to me to install new Fedora to see it, to test it and write several bugreports to Bugzilla. But with the current Fedora policy this situation becomes less widespread, because Fedora guys don't worry about compatibility. They may easily break anything, which are currently working, of course saying "that's not our problem". Switching to new Fedora release is more and more similar to playing "Russian roulette": a few persons would like to play, a fewer stay alive (in a sense of being Fedora users). Less people means less testing, more bugs stay unrecognized, and project's collapse in a near future become possible.
LTS version could help to escape this (yet theoretical but very probable) final for Fedora. It would be a very viable choice once taken.