I don't care if you have the coolest friends and family in the world. Putting them all basically in a room together 24/7 to comment about anything and everything that crosses their minds, showing and talking about every picture they've ever taken, and every song they like and everything they do gets old and annoying. It also removes any mystery or subtlety from social interaction and friendship. There is nothing to learn about people any more. Its all out there, every opinion they've ever had, every trip they've been on, every landmark in their lives and their kids' lives is out there, every bar or restaurant they visit or movie or concert they attend, every quote they like, every team they love. It has all but replaced normal conversation. There is such a thing as too much information, too much communication. My friends are awesome and my family too, but hell if I want to know all that shit about them all at once.
I'll take the old way, sitting down and having a beer with them or visiting them somewhere and talking and catching up, listening to some music with them together in the same room or car, etc. That's a really fun part of being a friend that is lost on the FB generation. You all know everything that everyone is doing all the time. You know who is going to be at the bar before you get there. You have no idea the fun of not knowing things.