Recently Facebook introduced a bunch of new features, Social Graph, Like button, Instant personalization, etc. You can listen to Mike Zuckerberg’s keynote.
Numerous reviewers currently discuss privacy implications of newly introduced Facebook features. But before you delve into those articles, here’s PCWorld’s clear step-by-step instructions of how to protect your privacy on Facebook.
Other related articles include:
Facebook privacy warning; Instant Personalization at F8
Facebook’s Instant Personalization Is the Real Privacy Hairball
How Facebook is putting its users last
PCMAG: Facebook: Privacy Enemy Number One?
FastCompany.com: Time to Audit Your Facebook Privacy Settings, Here's How.
In-depth discussion on TWIG: Facebook Über Alles
Leo Capote (twit.tv): I wish I had the time to write a blog post: "Why you will never see the Facebook Like button on anything I do."
An Update of October, 7, 2010:
How To Keep the New Facebook From Flooding Your Inbox With Spam (with introduction of FB groups)