This is big non-news. Quote: The bigger downside of Friend Connect is that Websites using it cannot mash up the data with their own to make compelling new applications. Glazer confirmed that the data will be sent to third party sites via an iframe rather than directly through a set of APIs (as Michael speculated on Friday).
seems cool; I like the idea of having code I can copy and paste and "magically" features appear on my site. The problem is most of the time "magic" doesn't work out.