No it's not.
*like*

 

What- you ike your own comment?

 

id sush, i can't believe you TOO stooped to that level of commercialising (whatever the spelling is!!) human relationship.
do you know orkut and fb own every scrap, every pic you post on these sites , even if you delete them ziah

 

Commercialising human relation? I didn't get you. FBing isn't something I'm particularly fond of but it is useful and efficient at getting (and keeping) in touch with people (read The Tipping Point).
Do you mean some people profit by it? Well, why shouldn't they? The use of phones, for instance, or taking photographs of holidays, that leads to profit too, right? Which behooves the question, why shouldn't it? Certainly, I gain a LOT from the use of FB, phones, photos... why should I not pay for its use to the inventor/ service provider?
Seriously, go read Fountainhead again.
Also, regarding the whole photo ownership thing- that's a mutual agreement- people agree to FB owning it (if they do, idk for a fact)in return for the convenience of sharing the pics. That's allowed in an open economy! As for the whole safety debate, that's a risk- as there is in every transaction you enter into in the market.
By no means am I criticizing your decision to stay out of FB- the cost of it might be a lot more than the benefits it provides you.
What I'm saying is that there are costs to everything- but they need to be considered relative to benefits, not in isolation.

PS: What are you up to these days?