I think the idea of a FAQ is a good one. Why wouldn't we want to make it a more welcoming place? For one thing, people do ask if it's okay to post pictures of lower-priced watches in here. The answer is "yes", but how would you be able to tell from reading any random few pages of the thread? Taking pride in being part of an intimidating club is not a good look on anyone.
And as for reading all 3200+ pages of the thread, you must be f*****g joking. Life is way too short. Same thing applies to all the other mega-threads that Fok is concerned about. There may be a lot of good information locked away in there, but make no mistake, it is locked away.
I'm pro-FAQ. We should seek to be as inclusive and welcoming as we can.