what is social networking all about ? and should I ?

This is a remixed video on research by Karl Fisch, Scott McLeod, and Jeff Bronman.

Here is a commentary on Social Media.

Finally, a link to a very funny video about Social Network sites, from the Smithsonian

The ASMP responded to the "New Facebook Terms & Conditions," which Facebook later reversed to the previous T&C. Due to public outcry the are reviewing those terms.

Facebook's new approach as written in the Chicago Tribune by Wailin

Here is PhotoAttorney Carolyn Wrights post on the FACEBOOK issue