"That's the biggest thrill of this game, going out there and feeling really nervous, apprehensive, everything, but you know you can go out and play your heart out, that's what you're trying to do," Faldo said. "So, if we can rekindle that a bit here, it will be fun.
"I hope I can get my name on that leaderboard and see what it feels like again. That was always the thrill in my playing career."
The field in Cary includes another rookie Colin Montgomerie, who turned 50 in June.
After playing in seven events, he said he's been impressed with the level of play on the over-50 tour. And he's happy to see Faldo in the field.
"I was surprised at the standard, how high the standard of golf is and the scoring as it is, very high, the standard of play," Montgomerie said. "(And I'm) delighted to see Nick out here, fantastic."
Nine Hall of Famers are scheduled to tee off this weekend, including defending champion Bernhard Langer. He's second on the season-long race for the Schwab Cup, behind leader Kenny Perry, who also is in the field.