Mercurial is not available in yum.

Building from source is easy, but requires an extra step:

# wget http://mercurial.selenic.com/release/mercurial-1.3.1.tar.gz
# tar xzf mercurial-1.3.1.tar.gz
# cd mercurial-1.3.1
# sudo make install

# export PYTHONPATH=/usr/local/lib/python2.4/site-packages

add to ~/.bash_profile

PYTHONPATH=/usr/local/lib/python2.4/site-packages
export PYTHONPATH

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