Just a few days ago, we reported on the uproar over Facebook’s new Terms of Service, aka it’s plan to own you and your content for ever and ever and ever. Basically, the revision said that even if you delete your account, those damning photos and other scandalous information could and would live on. Facebook was most likely banking on the fact that no one actually reads those pesky terms of service anyway.

Unfortunately for Facebook, someone tipped off the Consumerist and the outrage began. More than 750 articles were written in media outlets such as the New York Times, NPR, AP, NBC and the Chicago Tribune. Ever hear of them? That’s not to mention the bazillion Twitterati who had their underwear in a twist.

With fallout like that, Master of the Universe Mark Zuckerberg had to comment. He calmly took to his Facebook blog Monday and reassured the masses that, among other things, it wasn’t as bad as we thought:

In reality, we wouldn't share your information in a way you wouldn't want. The trust you place in us as a safe place to share information is the most important part of what makes Facebook work. Our goal is to build great products and to communicate clearly to help people share more information in this trusted environment.

All that talk of trust, though, makes me highly suspicious. I don’t like my legal language to be based on “trust.”

Apparently I’m not alone in that sentiment as the problem didn’t stop there. A mere 32 hours later, Marky was forced to throw up the white flag of surrender. His latest blog post, written at 1:17 this morning, admits that with all the brouhaha over the changes, Facebook has returned to the old TOS.

Here’s an excerpt:

Going forward, we've decided to take a new approach towards developing our terms. We concluded that returning to our previous terms was the right thing for now. As I said yesterday, we think that a lot of the language in our terms is overly formal and protective so we don't plan to leave it there for long.

More than 175 million people use Facebook. If it were a country, it would be the sixth most populated country in the world. Our terms aren't just a document that protect our rights; it's the governing document for how the service is used by everyone across the world. Given its importance, we need to make sure the terms reflect the principles and values of the people using the service.

Our next version will be a substantial revision from where we are now. It will reflect the principles I described yesterday around how people share and control their information, and it will be written clearly in language everyone can understand. Since this will be the governing document that we'll all live by, Facebook users will have a lot of input in crafting these terms.

You have my commitment that we'll do all of these things, but in order to do them right it will take a little bit of time. We expect to complete this in the next few weeks. In the meantime, we've changed the terms back to what existed before the February 4th change, which was what most people asked us for and was the recommendation of the outside experts we consulted.

If Facebook were a country, would that make Zuckerberg our dictator?

I guess that is a question for another day.

For today, let us celebrate this victory how ever temporary it is. Be prepared though: When the new TOS does make its appearance, I’m sure there will be a Facebook group protest you’ll need to join and bitchy comments you’ll have to post. All in a day’s work.