Photoly for iPhone and iPad provides one very simple but surprisingly useful function: It lets you see just the photos and videos posted by your friends on Facebook.
The application can also show you your own Facebook media stream (both photos and videos). Selecting a set of photos brings up the entire set in a slideshow mode. As you might guess, loading photos and videos going back days, weeks, months or even years does not happen instantaneously. However, Photoly seems to load the media as quickly as possible.
Photoly’s product page notes that the app is free for a limited time. You can find it in the iTunes App Store here.