Can I install the standard Windows fonts on Fedora?

Yes, there's also a very easy way to install all of the common Windows fonts on Linux. You don't usually have to do this on Fedora (because it comes with fonts called the "Liberation" fonts that are the same exact size as the Windows fonts), but if you want to do it, here's how:

1. Install the chkfontpath package from ATrpms. (Click on either the i686 or x86_64 package, depending on whether you have a 32-bit or 64-bit machine.)
2. Open a Terminal.
3. Become root:
   su -
4. Install some packages you'll need for the following steps:
   yum install rpm-build cabextract ttmkfdir wget
5. Download the MS Core Fonts Smart Package File:
   wget http://corefonts.sourceforge.net/msttcorefonts-2.0-1.spec
6. Build the Core Fonts package:
   rpmbuild -ba msttcorefonts-2.0-1.spec
7. Install the Core Fonts package:
   yum install --nogpgcheck /root/rpmbuild/RPMS/noarch/msttcorefonts-2.0-1.noarch.rpm

(Thanks to David A. Wheeler and others for convincing me to add the MS Core Fonts instructions. Thanks to byro for pointing out the URL to the 2.0 package!)