Small islands like the Faroes are on the top of my “I’d love to go to them if I had the money” along the lines of St Pierre and Miquelon, the Falklands, and Norfolk Island. The Azores and Madeira are up there too, along with Molokai and Lanai.
I'm a big fan of (mostly temperate) islands. Of these, I've been to the Faroes, St-Pierre, the Azores, and Moloka'i. All are great in their own way. Unique cultures and scenery.
When I lived in Buenos Aires, I missed the trip to the Islas Malvinas, but my (American) friends who went, and whose opinions I generally value, said they were boring.