I'd say they're interchangeable. The present continuous implies that he's done well over a longer period of time, but the simple present implies that this is the very latest news. The "so far" seems like a hedge.
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Newguest1. So far, he's been faring well.
2. So far, he is faring well.
So the first one just means that he's been doing well for quite some time, whereas the 2nd one says that he's probably faring well only now and it may change soon? Almost.
a. My sense is that 1. describes a longer period of faring well than does 2.
b. 2. gives us th
Newguest1. So far, he's been faring well.I agree with Avangi's analysis.
2. So far, he is faring well.