Facebook might have come under fire on numerous occasions over privacy concerns; however, the fact is that Facebook has always offered fairly granular settings. The trouble has always been with the default settings, and the often convoluted process involved in changing these default settings.
In an attempt to fix this, Facebook has tweaked the accounts settings section on several occasions in the past. The latest refresh was rolled out a few minutes ago. No settings have been added or deleted. Facebook has simply improved the design of the Account Settings page to make editing and updating your account information easier. Perhaps stung by criticism about the closed nature of its service, Facebook is also making it easier to export your own data. Unfortunately, the data that gets exported hasn’t changed and is still pretty limited.
This update is purely a cosmetic change. However, traditionally every little change on Facebook has been met with a vocal backlash. It will be interesting to see if there’s one in this case too. My guess is that most people simply wouldn’t notice the changes as they are quite insignificant, and the loudmouths are busy shouting about the horrendous new chat-bar anyway.