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Bobby, this sounds like an interesting proposition. Is there any way we could get a chat function as well? I'd love to have a "chat" with some of the people I've met here. It would definitely make things here more interesting!
Nope, no chat. Sorry. We're here to share, not generate great discussion only to have it vaporize. Besides... what is chat? Real time discussion. What do we have on the forum? Real time discussion.

Also, it's extremely difficult to find a forum with a chat room that doesn't have a foot of dust on the floor. Like clockwork, everyone wants it, they use it for a few days, then it collects dust.
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Could this FAQ be a kind of WIKI as there are no doubt different ways to look at stamps and terms used and worth of different pieces worldwide?
I think you're reading too much into it. It would have nothing to do with values, that would be discussed here.
I think we need a glossary just for plain old definitions which is fairly easy and doable.
The FAQ would be for things like...
"I just inherited a boatload of stamps and don't know where to start" then the answer would tell them what they need to get, how to sort, how to value, and stuff like that.