In the article he makes the point that
"Facebook has been growing quickly. It has become a community of more than 400 million people in just a few years. It's a challenge to keep that many people satisfied over time, so we move quickly to serve that community with new ways to connect with the social Web and each other. Sometimes we move too fast -- and after listening to recent concerns, we're responding".
He goes on to say
"The biggest message we have heard recently is that people want easier control over their information. Simply put, many of you thought our controls were too complex. Our intention was to give you lots of granular controls; but that may not have been what many of you wanted. We just missed the mark"
Click on the link above for the full article.