100% agree for servers, you don't want to be on the bleeding edge.Linus is paid by the Linux Foundation, not Red Hat. Estimates are ~1.5 million/year.
And it's probably just semantics but Red Hat is technically based on Fedora code. Fedora is the Red Hat-supported, community-run distro that tests out new technologies. Once stable, Red Hat will pick a Fedora release to use as their base and begin the rigorous process of testing. By the time it's ready, the Fedora version is probably N+4 with all sorts of fancy-pants, whiz-bang, unstable novelties.
Fedora is awfully bleeding-edge - under no circumstances would I use it as a server - and probably drops old libraries sooner than a distro that is practically purpose built for legacy hardware and being overall so stable it's boring: Debian. If you have old hardware, Debian's probably your best fit.
For desktop/laptops however, one advantage to being on the bleeding edge is you get a new version of the Linux kernel weekly.
It's nice to have the latest up to date security fixes for Linux kernel, browsers, Libre Office, Firewall, etc on your personal computer.