Step 1: download kernel-2.6.26.6-49.fc8.src.rpm from
http://kojipkgs.fedoraproject.org/packages/kernel/2.6.26.6/49.fc8/src/kernel-2.6.26.6-49.fc8.src.rpm.
Step 2:
$ groupadd mockbuild
$ useradd mockbuild -g mockbuild
$ rpm -ivh kernel-2.6.26.6-49.fc8.src.rpm
Step 3:
$ cd /usr/src/redthat/SPEC
$ rpmbuild -bp kernel.spec
$ cd /usr/src/redhat/BUILD
$ cd kernel-2.6.26/linux-2.6.26.i386
$ make menuconfig
$ make
$ make modules_install
$ mkinitrd /boot/initrd-2.6.26.6 2.6.26.6
$ cp arch/i386/boot/bzImage /boot/vmlinuz-2.6.26
$ cp System.map System.map-2.6.26.6
Step 4: Modify the menu.lst and add an entry for new kernel.
Step 5: Reboot