The AllFacebook blog has a software-engineer-centric on the new access. What does it mean for you, the non-programming Facebook fan? For Twitterers, it means being able to selectively copy tweets from Twitter to their Facebook status by adding "#fb" to the tweet. All they need to is install the Selective Twitter Status application.
For others, it means there will be many more applications that interact with Facebook status updates. What applications would you like to be able to search all Facebook profiles (except those set to private by their owners) for status updates? What software, such as a calendar that knows what meetings you have today, would you like to be able to update your Facebook status for you? Those are just a few ideas; others will no doubt start popping up in the coming months.