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There is no apparent means of typing a sequence of block capitals using the Gnome Shell OSK without having to press the "Shift" on-screen key between each letter tap. caribou-0.4.0-1.fc16.i686
gnome-shell-3.2.0-2.fc16.i686 mutter-3.2.0-1.fc16.i686
Better to open a bug in upstream as well.
Closing this as this needs upstream development and not a Fedora specific bug.