Yes I agree, as I have commented before. Someone I know, had to take swift action with their Facebook account, after they were a victim of indentity theft. If you post information to Facebook or other similar site, it can provide the last bit of information for someone to steal your identity and to start obtaining finance etc, in your name.
Also to be aware of, from posts I have read on other forums. Debt companies have been known to dip into Facebook to use the information to their advantage. One poster was actually taunted by a member of debt companies staff about their Facebook entries and the debt company would use this publically available information, if they proceeded to take legal action.
Facebook does have security controls, so you can filter what you want people to see, without your consent. But is the security on Facebook infallible ? Can accounts be hacked into ?