People seem to be mad at Facebook right now for changing again, but most seem to be missing the point that Facebook now allows this type of selective sharing too. You dont have to share everything with everyone anymore. You can even have what are essentially "private" conversations on your wall if you choose by posting a status update shared with just one person.
Also like Google+, you dont have to see everything from everybody else anymore on Facebook's main news feed. We can now change our subscription settings on a person by person basis for our Facebook news feed. If I get tired of reading someone's frequent posts, I can change my subscription of that person down to important news only or even no news at all. Thanks to Google+, Facebook has dramatically stepped up its game.
So what is the value of Google+ now over Facebook?
Consider this post for instance, it is very blog-like with your comments, my comments, and other comments following my original longer-form post. There is really no good place in Facebook for this type of longer length public-facing message with comments. I sure couldn't have posted this as a Twitter or Facebook status, but I can and did here. This tool just works well for this type of post while Facebook does not.
[I don't consider Tumblr the same social network circle (mainly because I don't use it), so I'll leave it out of this next comment.]
I also predict that some social network(s) is(are) going to fade away like MySpace from the Facebook/Google+/Twitter saga, and sadly, Twitter is behind the curve right now since it is the only social network of the three that does not provide selective sharing capabilities. Selective sharing is what made Google+ stand out from the others and is now what places Facebook back into the lead. Without this new weapon in its arsenol, Twitter risks losing the social networking war despite its massive popularity.
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