Faite's is easily one of my favourite pubs. The atmosphere is great on weekends and the staff is friendly. On Friday and Saturday nights (and sometimes on Thursdays, I believe) they have live bands; the music's always great and the drunkies end up on the dance floor (guilty!). On Sundays they have karaoke, which is pretty fun too!!
The food is ok. The drinks are somewhat on the pricey side - I'd suggest you pre-drink if you intend to have a messy night, and just get a couple of pints while you're there.
Also, the place gets very busy on weekends. I went there on a Saturday night with 5 friends - we stuck around for a few hours, but were never able to get a table. I don't believe they do reservations on weekends, but don't hold me to that - they might for birthday parties.
Overall, I'd suggest checking it out - always a great time there!!