Biz Stone, co-founder of Twitter admits that he just recently rejoined the minions who use Facebook daily, lamenting that in the past with all the thousands of settings, features, and choices he had become overwhelmed.

That has all changed now due to his new startup Jelly, where he has the opportunity to work with some former Facebook employees who have helped him simplify his Facebook experience on iPhone. He says that now he is keeping up with friends and family on Facebook like a billion other people.

Stone elaborates further in a blog post saying: "People love Facebook. They really love it. My mother-in-law looks hypnotized when she decides to put in some Facebook time. In general, the ads on Facebook don’t seem particularly useful or engaging. However, ads on the service are universally tolerated because that’s what makes Facebook free and free is nice."



"Anywhoo, now that I’m using it and thinking about it, I’ve got an idea for Facebook. They could offer Facebook Premium. For $10 a month, people who really love Facebook (and can afford it), could see no ads. Maybe some special features too. If 10% percent of Facebook signed up, that’s $1B a month in revenue. Not too shabby."

I am quite partial to the free thing myself and will tolerate the ads in order to keep my cheap self, well cheap.

I have pretty much blocked them out anyway and rarely even notice them; I would not be willing to “pay for it”. What do you think?