I second this. I knew facebook filtered the feed pretty heavily but I had no idea how bad it was until recently.
A few weeks ago I met up with some old friends and learned that a mutual friend was getting married. We're friends on facebook and she has been posting about her wedding day regularly and yet I had absolutely no idea it was happening because facebook decided for me that she was unimportant.
They really need a way to turn this aggressive filtering off. I use facebook specifically to keep in touch with wayward friends, I don't need a feed full of BS updates from people I speak with regularly.