Yep, this is still mostly doomsaying and nothing much else. While all of the objections against Facebook are valid in my eyes -- and in the eyes of many others -- the truth is that the regular folk views Facebook as an utility, akin to having power, hot water and internet at home.

This will not change overnight. Or even after several years. If Facebook fades into irrelevance it will likely be a death by a million paper cuts and not after a short-lived revolution.