Fedora as server?

Fedora is a great 'flavor' of the Linux OS- it works well as a Desktop. What if you are going to use it as a server? This link has a lively discussion on the topic. Most notably is the little tip about how to strip away the GUI:
edit a line in /etc/inittab:
id:5:initdefault:
to read:
id:3:initdefault:
and reboot.

http://forums.fedoraforum.org/archive/index.php/t-1474.html