Don't forget the favicon will ONLY show up with this method, in the pages you have inserted the code . You can insert the code in FP2k using 'Find' and 'Replace' in HTML view. So if you want your favicon showing up in all your pages, you have to insert the code in ALL of them. Also for new pages you can configure your new page template with the code. Internet Explorer will automatically look for this file and will put your icon next to all favourites and quick links that come from your site.
Icons generally have to be created with a icon editor.
Step by Step for sites without 'root' access. I.E. like this site. 3 Upload this image into the directory where your index page is located. This is the site to visit to find out a great deal more about favicon.ico. It supports icon themes so you can change all icons at once or create your own ones, and it also gives you the great opportunity to assign an icon to any folder, any drive and any file type.