using fb comments - on average over all sites - always increase the valid comments you will get - and compared to old wordpress-standard-installations, decreases spam (the difference was between "a lot of spam" and "nothing")
i did not apply a quality metric, but reading over the (valid, not spam) comments i could not determine a (subjective) trend in either (good / stupid) direction.
yeah, i'm not a big fan of fb comments either, but well, if your blogs goal is to get comments (for whatever reason) then i would advise for the fb comment plugin.
and: it would be cool if you prove me wrong (with data).
i think this is a good time as any to quote Jim Barksdale, former CEO of Netscape: "If we have data, let’s look at data. If all we have are opinions, let’s go with mine."