davem, I'm quite sure that there was a "Faerie" thread some time ago, started by littlemanpoet, IIRC. I'll edit this post to include the link if I find it.

Esty and davem, it's this one:

It Feels Different Near The Shire

Yes, that's the one! Thanks for the link. I found 22 more threads with "Faerie" in them - it's worth a search.

DaveM posted: "I'd also like to see some kind of topic started on 'Faerie'. It was so important to Tolkien, but its a subject I'd have to think about a lot more before i could start the topic myself. If you want to start it, I'll join in! "

I agree it is more than worthy of an exploration but alas, not be me right now.
I am neglecting 2 major other projects too much as it is, so I must I am afraid pass...