Bear in mind that the purpose of the faqfaq tag on Meta is to clarify questions about the site and how it works - It is "Frequently Asked Questions ABOUT Server Fault", Not "Questions Frequently asked ON Server Fault". To that end it's not somewhere we generally want to send people unless they're looking for information on how Server Fault operates.
Re: the canonical questions/answers collection, I do agree that this should be featured more prominently. If there are no objections I'll re-title that topic and alter the language in the help center as described above...