Week or two ago, I was thinking about posting a to bugzilla.redhat.com a bug "Consider backporting Vim 7.0 to FC5". Well, they do bump versions of some stuff to lastest upstream, but I wasn't sure wheter will they bump Vim or not, since it was already out for a month and nothing happened.
But yesterday I did a "yum update" and wow! It was there in updates-testing! Woo-hoo!
So, the point of the story: with SUSE/Ubuntu/... you would need to wait six months for new release just to have Vim 7, or install it manually. That's still a lot better than with Debian, where you would need to wait for a about two years... :P Of course, you could always use unstable, but that's not a very good option all the time.
Today I saw new mplayer 1.0pre8 in livna repository

And, of course, kernel 2.6.17 is in updates-testing as well. Isn't that so nice of them?
P.S. I know Gentoo and Arch as well allow you to have the new upstream software release when it's out, without waiting for their next release.