Just a quick link to update my concerns over the heinous new Facebook terms of service. It basically grants Facebook the right to do whatever they want with your content…forever…even if you delete it…or close your account. It does seem to be subject to your privacy settings, so if you are uploading content to the site, make sure you’re careful about what you designate as publically viewable.
The founder of Facebook has assured users that “we wouldn’t share your information in a way you wouldn’t want” and the article does urge users to “…just calm down”, so I guess it’s OK.
Here are a few links:
http://consumerist.com/5150175/facebooks-new-terms-of-service-we-can-do-anything-we-want-with-your-content-forever?skyline=true&s=x
http://www.abc.net.au/news/stories/2009/02/17/2493500.htm
Note: Facebook has reverted to it’s old terms of service in the wake of the public outcry.