Comments on How To Set Up Apache2 With mod_fcgid And PHP5 On Ubuntu 10.10
How To Set Up Apache2 With mod_fcgid And PHP5 On Ubuntu 10.10 This tutorial describes how you can install Apache2 with mod_fcgid and PHP5 on Ubuntu 10.10. mod_fcgid is a compatible alternative to the older mod_fastcgi. It lets you execute PHP scripts with the permissions of their owners instead of the Apache user.
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I don't think FastCGI supports PHP caching like eaccelerator since each PHP call is brought up in its own memory space or something like that. PHP accelerators can make a huge difference in speed. I am not sure of the details so chime in if you know more, but there are instances when fcgi is beneficial but many instances when normal php with caching is best.
FastCGI supports caching. I use Apache worker + FastCGI (via mod_fcgid) + APC + memcached.