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"... our larger goal is to facilitate the world's first official, FIDE-certified online chess tournament." http://www.marketwire.com/press-release/World-Chess-Federation-Outlines-Big-Plans-for-Facebook-1296535.htm
Maybe Ilyumzhinov will elaborate here. http://www.facebook.com/people/Kirsan-Ilyumzhinov/100001218987074
looks interesting, but i stay away from facebook... so i'm out. To popularize chess, though, it makes sense.
w00t! Bad: Chess.com shall become swamped with social networkers Good: I'll get to play in a FIDE tourney for once! Small town blues. (Ignoring the fact I'll lose)
Problem is the use of chess engines during online play. They now have some software to detect heavy use of leaving page, computer trace etc but there are always holes in the system
And you think online cheating is bad now...