First, to be clear -- I have nothing against the guy who took Dave Morin's job (who wasn't supposed to be named -- Amazon CloudFront didn't bother to invalidate its cache when I uploaded the final edit of that paper). He played his cards right, came out hundreds of millions of dollars ahead, and then he got out. He's not in this to control your social life or anything, he just played the Silicon Valley game and got his.
The issue is really about the people who are trying to control your social life, and who are trying to convince the sort of people who read Hacker News to use them as a stable, reliable piece of infrastructure for your projects and businesses. My story is just one datapoint of so many -- most of which are private, but easily discoverable by quietly asking around the Valley -- that should help you realize that Facebook is definitely not the company you want operating the world's social infrastructure. The code might work, the pages might render, but on a deep social and ethical level, Facebook and its platform are not web-scale.
Also, the "sharecropper" and "beware of your platform" arguments don't apply here. Social infrastructure isn't like being a developer for the Playstation -- this is very basic and very global stuff, similar to water or power, and you shouldn't have to question its integrity. I shouldn't get dirty water, or my power shut off, because the CEO of the utility company allows his/her VPs to play God. There's a reason these guys don't call themselves a "social utility" anymore... But anyway, that's a whole 'nother subject, and I'd rather be coding (or socializing!) than writing.
And to all of the people who question why I would even publish something like this -- chill out bro, I'm just obeying Zuckerberg's Law! /disconnect