Yes, by changing your name to FARUK, you (somehow) realize the existence of the ultra-secret Octogonal Weapon, thus making you the ultimate FF VII master. 
Ironically, when the worm thing hit in May and I had to redo my name, i tried to use a different one. Unfortunately, for some reason, it never sent the confirm email to me, and I couldn’t confirm it. So I wound up making this name anyways. DOH!