We would like to add a dynamic block to the product page. The problem is that the product page has full page caching (and we cannot turn that off due to speed issues). We
I really appreciate the answer by Vinai. In addition, I would sugggest a FPC extension by Gordon Lesti that supports holepunching. You can get it over here
For instructions on how holepunching works with this extension, I suggest you to visit this page
I hope it helps someone who is not so much familiar with the concepts.