Promote Your Facebook Status Updates!: official

So its here finally! Facebook allowing its users to promote their status updates for a fee of 0.30 USD!

According to Facebook, you can promote posts and important news, links and photos higher in news feed.

facebook-promote

For now, you could pay them online via:
PayPal
Credit Card
MOLPoints
Western Union QuickPay
Moneybookers.

facebook-promote-payment-option

Well, I think this could help in terms of promotion. But how will your news feed look like if its filled with promotional stuffs most of the times. Would you still come to Facebook with the same interest to read those promotions ?