If you have logged into Facebook in the last day or so, you’ve received the new privacy prompts. EFF, Electronic Frontier Foundation, has examined these new settings and concluded that while some of the privacy settings are positive (particularly those that pertain at the per post level) many are not.
Push for more publicly shared information: The new prompts over-ride your old ones with the default setting allowing status messages and wall posts to open to everyone. Watch out for that.
Some privacy settings eliminated: Now you can’t restrict “PAI”, publicly available information such as the list of friends. Under the new settings Facebook makes that information — along with your name, profile picture, current city, gender, networks, and the fan pages public.