I see. Yes, that's what I thought as well, privacy issue.
But from the visitors point of view, if they use one email for all their forums/site/etc, wouldn't it be the same thing? If I am a user who value my privacy, I would not want to sign in via FB, instead I would use one email and one password for all. Easy to remember as well.
That's why I do not see why FB Connect is an important feature.