As of March 2013 I have committed to quitting Facebook.
2007 : I rant about it a lot :
Threat to Google
Privacy Issues : http://mywheel.net/blog/index.php/2007/10/25/im-out-of-facebook/
New Facebook Policy
I closed my account.
Old Facebook Policy
With a very few exceptions I will NOT be your facebook friend unless I know you in real life.
It's nothing personal. You may be a very likeable and cool person. I may very well hang out with you on a number of of other YASNS etc. But I try to keep Facebook for IRL people.
Added 2018-07-17 : Originally Added 2018-04-21 : https://www.theguardian.com/technology/2014/sep/21/children-privacy-online-facebook-photos FacebookShadowProfile