Links to the proposed changes
Detailed Analysis Worth Reading
Facebook Proposes Broad Updates To Governing Docs — Our Analysis (from Inside Facebook)
How Facebook is Adding an Identity Layer to the Internet (from theharmonyguy)
Yet Again, Facebook Misunderstands Privacy (from MichaelZimmer.org)
Facebook Again to Test Privacy Boundaries (from Fred Stutzman)
Is Facebook Unliking Privacy? (from the ACLU of Northern California)
Also, be sure to check out Social Media Security Podcast Episode 12 which will be released soon! Scott Wright and I will be talking about these changes with some analysis as well.