Let's just get one thing straight. When you sign up for Facebook, you agree to hand them the ownership of anything you add to their website. Actually I am not sure that a case of Facebook claiming to own your name and birthday would hold up in court, but their ownership stops very close to that point. A very recent Wired article describes the new Social Ads to be possibly an illegal practice. IANAL and even more to the point I can't afford to hire one, so my strategy will have to be not to share anything I value.
I am really not against Facebook at all. It does not add much value to my life and I rarely visit. I do hope people become more careful about where they put their stuffs. I also hope that people do not get turned off to social networks altogether. After all, I am building a social site that will be much better than Facebook and will allow you to own your own stuff.
I do want to point out that the policy of this particular blog more closely mirrors the one at Facebook. Join this blog and all your stuffs are belong to me.
Should I have pointed that out earlier?
By posting a message, you accept that your message and other personal details about you will be analyzed and stored for anti-spam and quality monitoring purposes, in accordance with Mollom's privacy policy. It happens everywhere you go, really. We just decided to tell you about it. :)