Facebook finds out who's in charge

Late this week, Facebook founder and CEO Mark Zuckerberg announced that the site is revamping its governance, and called upon its users for help. He issued drafts of two documents: a list of "Facebook Principles" and a "Statement of Rights and Responsibilities," opening them to public debate. Until March 29, users will be able to comment upon the documents, and Zuckerberg has promised that any subsequent changes will be put to a vote.

On the one hand, Zuckerberg's announcement seems to be a bit of showcraft. He has promised that, if 30% of registered users vote for changes to the documents, he will edit them. In all honesty, the likelihood of building a coalition of that many online users seems slim.