In Part I, Danny & Rand discuss Facebook's new ad strategy and what it could mean for search, including discussion of why advertisers are so gung-ho to adopt new, gimmicky ad channels while only begrudgingly adopting search.
I'll try to have Part II (of five or six) up by the end of the day.
UPDATE FROM RAND: Here's a link to Danny's article on AdAge - Forget Facebook, Search Ads Are the Revolution. Also - here's the Facebook Social Ads page. I think we at SEOmoz will probably try to do some Facebook advertising in the near future to give it a test, but until then, Jon Mendez covers the subject admirably with a case study on his blog -
The author's views are entirely their own (excluding the unlikely event of hypnosis) and may not always reflect the views of Moz.
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