On Wednesday, Facebook announced a new service called Places, which, as you've probably guessed, is a location-based feature that lets you show your friends where you are.
The concept isn't a new one -- Foursquare has been at the top of the location game for a while now, and Twitter launched their location tweets feature in March. But Facebook's Places aims to take a piece of the action and score support from local businesses and advertisers.
"This is not a service to broadcast your location at all times, but rather one to share where you are, who you are with, when you want to," Michael Sharon, product manager for Places said. "It lets you find friends that are nearby and help you discover nearby places."
Here's how it works: Users will have the option to "check in" to a spot directly from their iPhones or other smartphones. You can then see if any of your other friends are in the same place, and even tag the friends you're with kind of like tagging people in photos. Your check-in will update your status, and can be seen on your wall, your friends' walls or the Places page for that particular location. If you want to opt out of the service, you'll need to go into your privacy settings and disable the settings.
What do you think? Will Places be a hit? Teens are already using Facebook less and anyone who's into location-based programs is probably already checking into Foursquare and racking up their badges. Still, the social networking site boasts over 500 million users, so we're sure a good chunk of them will try out the new feature. The question is, will you?