Chris Sells wrote a post on Time for some anti-social networking. Like Chris I really didn't get facebook.
But I discovered the point of facebook.....
The point of face book is to get your friends to stroke your ego.
by sending you hugs, voting you sexy, cute, compatible, saying nice words about you, choosing you as a valentine, taking compatibility tests, by sending you gifts or aliens, etc etc blah blah blah.
Facebook is a web app for people with low self esteem. Which in hindsight is a pretty good market to target!