Oh, of course, FastCGI, that project that's been virtually dead for years, with a homepage that looks exactly like it did back in 2001. Certainly this can standup to the enormous hype of Ruby on Rails!
Look, CGI is old and boring. It doesn't matter if you tack on "Fast" to it; people see "CGI" and walk away. Perl needs something like Ruby on Rails. It can even be assembled from existing technology (FastCGI, if you like), but it needs a new, catchy name, and it needs to be marketed. Look at AJAX. AJAX is pretty much Dynamic XHTML. It's 5-year-old technology, but slap a new acronym on it and all of the sudden people take notice.