I do think that PFF has helped faculty. It has taken a burden off graduate advisors. Now PFF deals with many of the issues of preparation for the job market that used to fall to advisors. The most important part of PFF is the mentoring by faculty members at partner institutions. Graduate students' first-hand understanding of the academic culture at other institutions is invaluable.
Participants become much more articulate about the issues facing new faculty.
Our students, for instance, are now prepared to speak about assessment. Participants discover at what kind of academic institution they can find professional fulfillment. If you have suggestions or additions, please contact them directly.