ConnectSafely.org and the iKeepSafe Coalition released this past week a new 32-page booklet and online resource - A Parents' Guide to Facebook. The guide is marketed to parents who want to actively help their tweens / teens to optimize their privacy & safety on Facebook.
The guide features hands-on, step-by-step instructions and illustrations, as well as parenting points on safety, privacy, and reputation protection. It covers both cellphone- and computer-based use of Facebook and the site's newest features, including Places, Groups, and the latest privacy updates.
For those who don't feel like reading through the whole guide, at least stop off to check the privacy chart which will give you a quick checklist to go over for the Facebook privacy settings. If you're logged in to Facebook, it will even do a check for you.
The Guide will be translated and distributed internationally, which I think is a great initiative.
While great, remember that privacy settings are not a guarantee of protection. The best way to ensure your privacy online is to not put out any information / photos that you wouldn't want public - no privacy setting can guarantee that information is 100% protected. It's important that parents teach their teens the importance of this concept as well.