Fairview Peak Fault Scarp

Is this the actual point where the fault slipped?

Yep. This is the break that occurred in a fraction of a second. Think of this crack propagating along the ground at a few kilometers per second. Local ground accelerations would have been >1 g--i.e. you'd've been thrown into the air. These quakes would have been catastrophic had they occurred in a populated area; as it was, there were no injuries and trivial property damage (an outhouse fell over).

Thanks for the detail on this. I've not seen such specific, natural, visual indicator of a quake. Judging from the trees, this scarp is about 4 feet?

Actually, it's more like 15 ft! Surface breaks like this are extremely common in earthquake-prone areas. This one, being so young, is really obvious, but (again) when you get your eyeballs calibrated you see them all over the place. Lots of those little ledges and benches and bluffs along the bases of mountain ranges in the Great Basin are old fault scarps. They get more rounded with age, as you might expect, and a Geology 100 exercise we used to do at UNR is to measure an old scarp profile in suburban Reno and estimate its age from the degree of rounding.