kaudiocreator isn't being built, presumably because of missing BuildRequires: cdparanoia currently only BuildRequires: cdparanoia-devel is included, but that doesn't pull in cdparanoia, and configure checks for the cdparanoia binary (as well as -devel files). Further, you *may* need the additional configure flags as well (I've been using them for a long while, not sure if they're absolutely needed anymore): --with-cdparanoia --with-extra-includes="%{_includedir}/cdda"
Further, kioslave/audiocd needs the cdparanoia bit(s) as well... See also possibly related bug #185836
it's now fixed in 3.5.3-4. Thanks for your report. for FC5 update, i will new version today