Seems like a tough competition between Orkut and Facebook. Facebook added security features and now Orkut adds Apps!
When I opened my orkut profile today, I found
“New! Add applications and customize your profile with music, games, and more!”
which means Apps are live on Orkut and the chances are that sooner or later orkut will also get cluttered like facebook apps.
The primary reason why I do not like facebook so much is its so many useless Apps and now orkut gets Apps too 
Facebook already had it, now Orkut adds it too!
I am talking about iRead, an application which was available on Facebook is now going to be offered on Orkut as well. You can read the official announcement here: orkut Blog: App Highlight: iRead
But the question is was it needed on Orkut? according to me, the answer is yes.
Orkut and Facebook both are the most popular social networks. Many do like all the various Apps on Facebook while others like me find it really crowded by all the apps.
But application like iRead is much needed for a social network. And looking at Orkut which is not really cluttered with lots of Apps [hope it remains so always 
], iRead is a much needed and most welcome application!
What do u think?
PS: have you tried Shelfari [social network of books readers!] ?
After Orkut, its Facebook giving privacy options!
and this is what they says,
“We’ve added more privacy options.
Now you can use friend lists to control exactly who can see what. We’ve also added the option to share information with “Friends of Friends”. For more details, check out the Privacy page.
You can learn more about your “Limited Profile” friend list on your Friends page. “
