Facebook has begun rolling out its new privacy settings to all of its 350 million users. If you haven't seen it already, you will soon have to go through a wizard that will guide you through the process of confirming your privacy settings.

The new settings are supposed to make it easier and simpler to control your information, but the changes are drawing a mix of criticism and praise from privacy watchdogs such as the Electronic Frontier Foundation (EFF), the American Civil Liberties Union of Northern California (ACLU), and the Electronic Privacy Information Center (EPIC).

The new privacy controls include some great changes, and some not-so-great changes, but here are five privacy issues you should know about as these settings roll out across Facebook.

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