emacs-install-Linux.sh

git clone git://github.com/emacsmirror/emacs.git
cd emacs/
git co -b EMACS_23_3-local EMACS_23_3

sudo yum install texinfo
sudo yum search x11-devel
sudo yum install libX11-devel
sudo yum install gtk2-devel
sudo yum install libXpm-devel libjpeg-devel libungif-devel libtiff-devel
sudo yum install ncurses-libs ncurses-devel ncurses-term

sudo yum install compat-libtermcap
./configure --prefix=/usr/local/ --with-x-toolkit --with-xft --with-x
make
--- ensure colors are going to work, 
grep TERM src/config.h
should get
#define HAVE_TERMCAP_H 1
#define HAVE_TERMIOS_H 1
#define HAVE_TERM_H 1
/* #undef TERMINFO */
--- see http://emacs.1067599.n5.nabble.com/Bug-in-256-color-terminal-colors-gt-first-8-appear-as-white-td188445.html

sudo make install