If you build/install the latest kernel (or a newer one) on Ubuntu I would expect a similar experience to Fedora (although Gnome and wayland versions can make a difference on some things.)
Generally speaking I haven't found it to be any better than my Framework optimized PopOS 20.04 NVMe boot setup:
- Rock solid Intel wifi (mostly thanks to Pop providing kernel 5.15.15)
- Fingerprint reader works (custom fprintd/libfprint debs, kind of hacky but works)
- PipeWire PPA for better bluetooth audio support
- Suspend-then-hibernate for battery drain issues
- Probably some other stuff I'm forgetting ATM
- Quickemu
- Still basically Ubuntu LTS for the occasionally goofy/proprietary stuff I need to run requiring it
Not encrypting the volume isn't an option for me.
Awesome that you're switching your whole team to Frameworks - my next work laptop will for sure be a Framework too :)