Fedora 12
Download the skype beta 2.1.x from the skype website.
There are some prerequisites which need to be installed for Skype to work on Fedora 12. They are as below :

yum install libXv.i686*
yum install libXScrnSaver.i686*
yum install qt.i686
yum install qt-x11*.i686
yum install libsigc++ libsigc++.i686 qt.i686 qt


And you should be done !!

Edit :
If your video does not work and gives the below error :
X Error, request 132, minor 18, error code 8 BadMatch (invalid parameter attributes)
X Error, request 132, minor 18, error code 8 BadMatch (invalid parameter attributes)
X Error, request 132, minor 18, error code 8 BadMatch (invalid parameter attributes)

Then resolve it by using the below command:
$export XLIB_SKIP_ARGB_VISUALS=1
$skype

—Fedora 10
Finally after doing a lot of googling I got skype running with video on my DELL Inspiron 1525.

Download the skype beta 2.2 for Fedora here

The trick is to install the 32 bit libraries in your 64 bit installation ( Thanks Vernon)


# yum install qt-x11.i386
# yum install libXScrnSaver.i386

Once the above packages are installed, then run the installation for skype
# rpm -ivh skype-2.0.0.72-fc5.i586.rpm

Now the fun part. There is a sort of conflict of skype using the PULSE audio. You need to remove the alsa-pulse plugin so as to make it work. You need to remove any dependency.


#rpm -qa | grep pulse | grep alsa ( will give you the alsa-pulse plugin)
#rpm -e kde-settings-pulseaudio-4.1-6.20090206svn.fc10.noarch
#rpm -e alsa-plugins-pulseaudio-1.0.18-2.fc10.x86_64

Restart the PC. Then login, open skype -> righ click tray icon skyp -> Option
In the Sound Devices for (Sound In, Sound Out, Ringin ) select the hw driver from the list

Check this post if the video does not work here
And skype would run as a charm.

If you liked my post, please provide some feedback, requests or suggestions about my blog here!

DISCLAIMER : This solution has been working for me and others as you can see in the comments, but some people had problems as well (again look at the comments). Hence try at your own risk