The good news is that Peter Hutterer and others have been working on the problem and the driver has been updated to fix the issues.
However, until the updated driver gets out of rawhide, I need a workaround. A quick search finds a large number of X11 configuration tweaks on various blogs and forums: Peter Hutterer, Ben Hilburn, Tim Bielawa, Major Hayden and more.
Here's the configuration tweak I am using. The AreaTopEdge setting turns off motion tracking along the top edge so the software-emulated-buttons are only buttons, and the SoftButtonAreas setting defines the edges for the right- and middle-buttons (the left-button is whatever is left over).
[jbastian@localhost ~]$ cat /etc/X11/xorg.conf.d/99-clickpad-softbuttons.conf
Section "InputClass"
Identifier "Default clickpad buttons"
MatchDriver "synaptics"
MatchIsTouchpad "on"
Option "ClickPad" "on"
# Soft Button Areas:
# first 4 parameters: right button left, right, top, bottom edge
# last 4 parameters: middle button left, right, top, bottom edge
Option "SoftButtonAreas" "65% 0 0 2600 35% 65% 0 2600"
# use /usr/local/bin/evtest to find the value for the top edge
Option "AreaTopEdge" "2600"
# reduce motion from noise during click events
# (default value of 8 is too low)
Option "HorizHysteresis" "30"
Option "VertHysteresis" "30"
EndSection
I'm also running syndaemon which will disable the clickpad while typing to avoid accidental cursor movements from your palms brushing on the pad.
[jbastian@localhost ~]$ cat ~/.config/autostart/syndaemon.desktop
[Desktop Entry]
Comment[en_US]=Disable Touchpad while Typing
Comment=Disable Touchpad while Typing
Exec=/usr/bin/syndaemon -d
GenericName[en_US]=syndaemon
GenericName=syndaemon
Icon=system-run
MimeType=
Name[en_US]=syndaemon
Name=syndaemon
OnlyShowIn=KDE;
Path=
StartupNotify=false
Terminal=false
TerminalOptions=
TryExec=syndaemon -d
Type=Application
Version=1.0
X-DBUS-ServiceName=
X-DBUS-StartupType=none
X-Desktop-File-Install-Version=0.21
X-KDE-SubstituteUID=false
X-KDE-Username=