It's great to have so much freedom on here.
I'd also like to be able to have friends, associates, or whatever, and be able to select which audiences I share my stuff to. Not everyone wants to see everything, nor do I necessarily want to share everything with everyone.
I'd love to even just be able to have posts that are Unlisted.
Maybe even encrypted with a password if I so choose.
Everything is by default public, and that's one thing I like about facebook:
I can choose what audience I share things with.