A source says Facebook is building a chat room function. If released, a chat prompt would be in the status update bar, next to the buttons for Update Status and Add Photos/Video. When a user clicks the Host Chat button, the user can name the room if there’s a specific topic or reason for a chat. When a person starts a chat room, it will create a News Feed story. If a user’s friend sees this, they can just click the link and join the chat. Hosts can set privacy settings so only certain people would see the News Feed story to join the chat, and the host can eject people from the chat room at any time.
Let's see, it's become bloated and busy ... has lots of ads ... allows spam ... and has chat rooms. Sounds like Facebook is trying to be the new AOL!