eth0 link up > Fedora not booting problem

After upgrading to newer kernel with yum update kernel it might happen that your fedora will not boot, with error eth0: link up.

1. In this case go to telinit 3 mode by pressing Ctrl+Alt+F2 and login as root

2. cd /etc/X11

3. rm xorg.conf

4. yum update kernel kernel-devel

5. sh NVIDIA* -k $(uname -r)

6. shutdown -r now

and it should start normally again...