We just broke the news earlier tonight that Facebook is launching a newer, simplified version of the Facebook platform, called Facebook Lite. This news comes only a day after Facebook made its blockbuster acquisition of FriendFeed and rolled out its Realtime Facebook Search. You may be asking yourself “what the heck is Facebook Lite?” or maybe “why would Facebook launch a stripped-down version of its website?” We’re here to answer those questions, and we have screenshots of the new Facebook Lite to help us out.

1. What is Facebook Lite?
A: It is a completely stripped-down version of the Facebook platform. From what we can tell, it is almost like a Twitterstream: you can see your most recent status updates and the updates of your friends. There is a left-hand navigation with four main categories: Wall, Info, Friends, and Photos & Videos. It does little more than that.

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