Personally, I think Facebook has its uses. I can chat with my friends when we're separated by oceans pretty easily (but then again I can do that even better on Skype and such).
But I can happily live without Facebook. I maybe check fb in the morning to see if its someone important's birthday on the day, if it is, then I can call them (or Wall them, depending). Beyond that, I don't really care for fb except for the occasional email or dialogue with someone which I respond to in the morning itself.
I don't think I've ever stalked someone for more than 10 minutes once in while, very rarely. I tend to get bored, but maybe that's because I'm too invested in myself to care about others
But yeah, I think Facebook is necessary for certain socially connecting reasons and entrepreneurial endeavours, its a wonderful media to spread information and gather followers (as is Twitter I guess). But beyond that, I think you can very much spend 5-10 minutes on Facebook a day and that's really all you need to do, which is healthy IMHO.
Now Youtube, that's the Devil sent tool of procrastination.
Edited by Arrowhead, Aug 13, 2011 - 15:55.