Starting soon, when you log into Facebook, you'll be asked to review your Facebook Privacy settings because they will be changed soon. Everything will now have three basic levels: Friends, Friends of Friends, and Everyone. If you are in a verified network, you will continue to see Network and Friends.

The big news, besides the simplified settings, is the ability to control each individual post including status updates. You can select which of your friends do or don't see that specific post. This has been in high demand for quite some time and it's nice to see it's finally being implemented.

So, that's just a brief part of the new privacy settings being launched starting today. To see the full blog post by Facebook, click here -- WARNING: it's extremely long.