Hi,
http://lwn.net/Articles/397383/
Looks like we will have systemd in Fedora 14 general release
http://0pointer.de/blog/projects/systemd-update.html
Look at one of the existing examples and start converting your init
scripts to systemd native unit files. The process is usually pretty
simple and you can continue to include the init scripts as well for
compatibility if you want to and systemd will favor its native
configuration over that. If you have questions, feel free to ask.
#systemd in freenode for further discussions.
Rahul