I've seen a fan that uses both hands to faro, and then turn the outer packet into position. That fan comes down from the top of the deck and terminates at the wrist. This fan can be done with two decks simultaneously, one in each hand, and can fan 360 degrees. I think it's only similar in the regard that the corners of the deck are interlaced. If you've seen this version, feel free to send me a link and I'll be happy to take it off youtube.
Ah yes, I just checked again. The only part that is the same is when the fan is formed. Other than that, I can say this is a one-handed variation of the original fan. Did not mean to be aggressive xD