I know it has it's downsides but isn't it just brilliant how easily you can keep in touch with people? Have just chatted to a mate from primary school, a relative on the other side of the world and nosied looked at pics of a distant acquaintance's sister's wedding 
And I love seeing status updates, too. I like knowing who is hungry /pissed / happy. Sometimes someone will post a really nice uplifting status, and I like being able to "like" it even tho I haven't seen the person in RL ages!
And no, I'm not pissed / being ironic, I just think Facebook is ace :)