-You Can Opt Out Of Applications
-You Can Hide Your Friends List
-You Can Hide Your Interests
-Much Information Is Still Public By Default
-Instant Personalization Is Still Opt-Out
-You Can Hide Information From The Past
-You Should Review Your Settings
-Privacy Now Only Takes One Click
-There Is Now A Single Directories Settings Page
-Settings Will Be Rolled Out Over The Next Few Weeks

All Facebook: 10 Things You Need To Know About Today’s Facebook Privacy Changes

(via Mediabistro)