How Facebook Got a Whole Lot Cooler

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[this is good]
For developers and startups, it's a land grab for influential and lots of users.

For Facebook enthusiasts, it's a playground of new useful apps, widgets, and toys to add to a Facebook page.

For Facebook, it's their chance to get lots of free applications and letting the best apps win. And, as you point out, it's an even bigger win as their market expands and users outside of the college demographic join.

There are quite a few downsides to investing in developer relations too. ISV partnerships increase difficulty in countless ways. And certain companies tend to take the hit because of these relations.

It looks really good on paper, and sounds great in theory. But it does add a lot of complication to *anything* your company does. To all phases of the software development life-cycle.

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