Using Facebook to build your online business community is great, however for many business owners, having too much of their information shared is still holding them back from using Facebook.  

Facebook is working on new privacy control settings that will give people simple control of all information shared.

Here is how Facebook’s New Privacy Controls will work, illustrated in a simple screen capture.

I am curious as to how long this privacy control settings will last and who will eventually get the upper hand: Facebook or Facebook Users?