> "féte" (basically, equivalent to the English "faith" without the "h" sound at the end)

Not GP but I want to note that the pronounciation of "faith" would never occur in metropolitan French, as it features a diphthong. And in Quebec fête has a diphthong but féte would not have one I think (please correct me if I am wrong), and it is not the one in faith anyway.

Good point, I was trying to figure out how I would actually pronounce "féte". My main argument was that in any case, it wouldn't sound close to "fête" (or "fète"), which sound more like "faîte" in French -- as in "au faîte de sa popularité".