That got me wondering... what about written content? And so I found their policy on intellectual property rights. It pretty much sounds like they can use anything I post on Facebook (unless I've set the post to private I am assuming). Since I have been posting the odd thing that I may one day publish... this could get interesting. (On the "page" (not profile) that I have you can't set posts to private meaning all posts would get tossed in Facebook's filing cabinet of goodies.)
Anyway, in the future I will be careful in a whole new way on Facebook (darn that Facebook!).
I thought I would share this with you folks too, in case I am in need of correction--or if I am correct, to give you a bit of warning.
For content that is covered by intellectual property rights, like photos and videos (IP content), you specifically give us the following permission, subject to your privacy and application settings: you grant us a non-exclusive, transferable, sub-licensable, royalty-free, worldwide license to use any IP content that you post on or in connection with Facebook (IP License). This IP License ends when you delete your IP content or your account unless your content has been shared with others, and they have not deleted it.