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Facebook Vanity URLs Coming Saturday
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UPDATE: An "on your mark, get set" announcement has been posted on the official Facebook Blog.  According to designer Blaise DiPersia, it’ll be time to "go" at 12:01 AM (EDT) this Saturday, the 13th.  DiPersia also provided the following screenshots if you’re curious about what the setup screen and end result should look like.

Facebook Vanity URLs

Facebook Vanity URLs

Facebook Vanity URLs

Original article: Generally speaking, it’s much easier to remember the name of a person or business than a random, nine- or ten-digit string of numbers.  Everyone from teenage girls to career-oriented professionals should be happy to hear, then, that Facebook is supposed to make vanity URLs available in the near future. 

Facebook Vanity URLs Could Help Search Engine Rankings
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Facebook is the most popular social network in the world. In areas where others have advantages over it, Facebook seems to be making changes to improve.Obviously there is the new Twitter-like functionality of its real-time news feeds/filters. But Mike Arrington points out another thing that Facebook is starting to do – vanity URLs.