The New York Times took the, um, time to examine and graphically portray the ‘options’ and ‘settings’ — their tagline:
Facebook Privacy: A Bewildering Tangle of Options
To manage your privacy on Facebook, you will need to navigate through 50 settings with more than 170 options. Facebook says it wants to offer precise controls for sharing on the Internet.
… which surprised even me.
Click on the graphic below to visit the full size version at the NY Times.