Found this very handy post on the VMWare forums which helped me out quite a bit with my experimental Fedora Rawhide/"FC 8 Test" virtual machines.
1. Download the latest kernel sources from kernel.org
2. Download and apply the VMWare any any 113+ patch.
3. Extract the kernel sources.
4. (64-bit only) Apply the patch from the message post to revert a commit that broke 64-bit systems.