Palo Alto, CA - Facebook founder and CEO Mark Zuckerberg announced an update to user's privacy controls on the site, which he hopes "will quash complaints about our privacy policies."
Zuckerberg said, "We wanted to give Facebook users more control over who sees their personal data, so we've given even more granular controls to users."
The updates are being pushed out slowly to users, but I was able to get a screenshot of the settings below (click for full-size image). There are more choices, but I don't think users are going to be very happy.

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