Does Facebook’s Timeline Violate Its FTC Settlement? Mashable - Social Media Jan 6, 2012 [mashable.com...]
...The Electronic Privacy Information Center, a public interest group, has asked the Federal Trade Commission to investigate possible privacy violations in the new Facebook Timeline feature.
"Facebook is changing the privacy settings of its users in a way that gives the company far greater ability to disclose their personal information than in the past," the group wrote. "With Timeline, Facebook has once again taken control over the user’s data from the user, and now made information that was essentially archived and inaccessible widely available without the consent of the user."
My interpretation of how the EPIC (Electronic Privacy Information Center) complaint frames it... the FTC settlement specified that the user needed to opt in to future changes, whereas the Timeline change, though it is allowing the user to "edit and refine" the historical data, is essentially requiring the user to opt out within seven days of whenever the Timeline goes live.