Enterprise Reporter 3.0 and later now logs an event to the Windows Event log when a node goes into a faulted state and when it recovers.
The Event log is located in Event Viewer under the Applications and Services Logs > Quest Enterprise Reporter
When a node enters a FAULTED state, the following message will be logged to the Event log:
Node 'NODENAME' is now in a FAULTED state
When a node exists a FAULTED state, the following message will be logged to the Event log:
Node 'NODENAME' is no longer in a FAULTED state