Page faults are not an error per se, but they do indicate that the process has been held up while data is fetched from disk. High numbers of page faults are generally bad as it usually means there is insufficient memory. This might also result from the use of memory mapped files (not sure about that).
The excessive numbers of page faults associated with this product (it's not just rtvscan.exe, it's smc.exe and ccSvcHst.exe as well at least), can impact the operation of a PC severely.
Bear in mind that a HDD can only sustain about 100 individual operations per second, then seeing millions of page faults (orders of magnitude more than other processes on my system) represents a significant use of the HDD system.
This is very obvious on my machine when booting up as it takes up to 5 minutes (after cleaning the system and removing non-essential services) for the desktop to become responsive. It's not an issue with CPU or memory - there is generally very low CPU utilisation and 4GB RAM - it's an issue with the symantec processes hogging the HDD and preventing the rest of the system from loading/functioning.
I should also add that this is after I've disabled all the proections listed in Endpoint Security Dialogue (11.0.1000.1375). It was taking 10-15 minutes to become responsive.