For those of you who haven’t heard, all the current Facebook talk is centered on the new Timeline profile that will soon be rolled out to FB users.

Gone will be your single column profile page to be completely revamped with the new Timeline profile. Mark Zuckberg explained it as a way to “share the story of your life on a single page”. Aside from your profile picture, a huge panoramic photo will greet you and your friends, to be followed by compartmentalized areas of activities, likes, photos, places etc. that will resemble a giant, organized scrapbook.

Check out the official Timeline page or the introduction video below to get a better understanding of the new layout.

Much like any of FB changes, this will be met with mixed reviews. It’s all a matter of personal preference. The biggest drawback may be the ability to delve deep into past posts that you thought were lost to cyberspace. (Just remember, these can always be deleted.)

And on the other hand, you can also go back and add monumental moments to your timeline that you want to share with your friends (wedding, college graduation, child’s birth) that may have occurred before your days on FB.

Couple of facts you should know right now:

• The Timeline hasn’t begun rolling out to users yet.
• A few developers are using it but it cannot be seen my regular users as yet. Only other Timeline users can view each other’s owns.
• It goes into beta testing on September 30.

Facebook has truly thrown a lot of changes in the mix. The Facebook Insider will be working to try to cover all these changes soon. Please let us know in the comments if you need help with anything in particular.