Blocking Facebook ads on Facebook isn't denying them any information at all. As I already said in another comment, Facebook already has all this information. All you're doing by blocking their ads is refusing to see the ad, you're not protecting your privacy at all.

And I'm also confused by your talk about favorable distribution. Isn't seeing ads relevant to your interests better than seeing ads unrelated to your interests? The problem with targeted tracking isn't that it's targeted, it's that it relies on information whose collection is a privacy violation. But when we're talking about a company that you've already voluntarily given massive amounts of behavioral data to, then you've voluntarily given up your privacy so there's no violation going on.