I take it that guy means it's a live-cd-like installation of Fedora onto a (big) USB memory that can write changes to filesystem onto the stick itself, unlike normal live-cd-like distributions. There are (or so I believe) other distributions than Fedora that do this too, but I guess not many as "big". Though I wonder if the USB version is really as big as the "normal" one, or if it is, one needs quite a big USB memory for that..
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