Let’s review.

Out: “Fanning” pages
In: “Liking” Pages

Details from The Facebook Blog:

Feature certain connections: When you edit your profile, you can choose to feature some of your connections over others. You can drag and drop Pages above or below the fold to dictate which ones are most prominent when friends visit your profile. If you move a Page below the fold, your friends will still be able to see that connection if they click “See More” beside the field.

Out: Free-text statements of interests/likes
In: Automatic suggestions to existent pages for your likes/interests

Also from the blog:

Opt-in to new connections: When you next visit your profile page on Facebook, you’ll see a box appear that recommends Pages based on the interests and affiliations you’d previously added to your profile. You can then either connect to all these Pages—by clicking “Link All to My Profile”—or choose specific Pages. You can opt to only connect to some of those Pages by going to “Choose Pages Individually” and checking or unchecking specific Pages. Once you make your choice, any text you’d previously had for the current city, hometown, education and work, and likes and interests sections of your profile will be replaced by links to these Pages. [My formatting change] If you would still like to express yourself with free-form text, you can still use the “Bio” section of your profile. You also can also use features and applications like Notes, status updates or Photos to share more about yourself.

TechCrunch breaks down the changes, pointing to a possible privacy flaw in the new system:

One other thing to point out: historically users have been able to control who their activities and interests would show up for in their profile. They’re losing that ability today with the new changes, because Pages are considered publicly available information.

Privacy concerns aside, linking these terms to pages instead of search results seems like a logical change for the sake of page views. Yet, is “like” still too great of a commitment? It could futher discourage a collection of people for whom “fan” was way more than “just talking.”

Like, omigod, this is sure to cause some controversy!

Zuck’s beast launched a new feature allowing users to tag friends and Facebook pages in its posts.

I’d write something more here, but you already left to go play with it yourself.

USATODAY.com shares the egotistical facts on the June Ypulse study.

More than half (57%) said their peers used social networking sites such as MySpace, Facebook and Twitter for self-promotion, narcissism and attention-seeking. And 92% said they used MySpace or Facebook regularly. Two-thirds said their generation was more self-promoting, narcissistic, overconfident and attention-seeking than others.

I hope you read that. I was too busy posting this blog and tweeting about it.

Among other things, the new version includes:

• New home page navigation
• Support for pages
• Ability to comment AND like a post
• Event RSVP and details
• Video uploading
• Complete photo editing

Check out the images here.

[via Steve Buttry, stats from Socialnomics]

Click the image to make it larger.

Starting at 12:01 a.m. EDT on Saturday, June 13, you’ll be able to choose a username on a first-come, first-serve basis for your profile and the Facebook Pages that you administer by visiting www.facebook.com/username/. You’ll also see a notice on your home page with instructions for obtaining your username at that time.

Start thinking about your name now, because Facebook – following MySpace’s lead – won’t let you change it.

Facebook Page admins should note the qualifiers for getting custom URLs, too:

I tried to secure a name for my Page but Facebook said the Page was not eligible. What are the requirements?
Your Facebook Page must meet two requirements: it must be live on Facebook prior to the May 31, 2009 cut-off date and have a minimum 1,000 fans as of May 31, 2009.

Uh, hey guys… Go fan us on Facebook!