The new version of the Facebook app for the iPhone has brought a lot of the changes that Facebook has just recently implemented on their website. While these changes have been met with a lot of resistance on the Facebook website, they add a lot the the iPhone app.
On the home page, under the News Feed tab, you'll actually be able to filter out all of the updates that your friends have made by selecting any of the following categories: Top Stories, Status Updates, Photos, Posted Items, Live Feed, Events, Groups, Pages, and Assorted Facebook Apps. This allows you to see the information that you want to without having to scroll through multiple pages.
Unfortunately the Facebook app still doesn't allow you to change your profile picture or the information you have listed in your profile.
Having the ability to add a new picture to facebook directly from your iPhone and setting it as your profile picture would allow you to have full control over facebook without having to visit the site on a computer again.
Facebook has also made it easier to add a comment to almost any update or picture made by your friends just by pressing the plus button next to it. You can also tag pictures you've uploaded directly and very easily. This app has received a lot of graphical updates and has become much more responsive with each revision. If you have a Facebook account and haven't downloaded Facebook 2.0 for your iPhone or iPod Touch, we highly recommend that you check this app out.