Updating the FAQ seems like it'd be a lot of work - its been neglected since, when, then end of January? That's a lot of questions and posts to sift through.
What I'd love is a short and simple paragraph every week that makes me feel like I'm in on the development of AH2:
"Folks, this week we played around with CD numbers in the flight model. Low speed testing shows the N1K and and Spit will behave much more realistically near the edge of their flight envelope. Artwise, the new plane skins are all done and the artists have started on cockpit artwork. These are going to be tedious, but we'll post screenshots as they are completed. We are still on target for an end of September release, but that could still be affected by a number of factors. We'll keep you posted."
Just seems to me like the benefit to the community would far outweigh the time invested in regular, informal updates...