If you are so pissed off at Facebook's privacy stance, don't use them (Yes it really is as simple as that).
If you cry foul and say this is unfair because you won't be able to keep in touch as well with all of your family/friends just remember this. YOU are not entitled make your own rules when using someone elses' company services.
All the whining does nothing - only votes matter. You have your vote (your free choice to use or not use Facebook). if enough people agree with you and decide that it is not worth it to use Facebook - then they will be forced to make changes. All the whining in the world will not make a bit of difference if they still know that THEY HAVE YOU and you along with everyone else will continue to use their service (meaning no significant amount of people are leaving and growth is still good).