Install Python 2.4 on Fedora 3 Core

[Bill]

I have less than a week experience on linux, so I am a new newbie.
Python 2.3 came preinstalled.  I installed version 2.4.  All seemed to
go well except it installed to usr/local?

1. Was it wrong to install when logged in as 'root'?  Does it make a
difference?

2. I looked in the package editor and there was no way to uninstall
2.3?  Should I?  If so, how can I?  If not,what are the problems, if
any, of having both.

Thank you for your help.