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Facebook has released a new version of the Facebook application for the iPhone which is available to be installed tomorrow at the launch of the new iPhone. The application includes chat which means you will be able to chat with all of your Facebook friends while on the go. Personally, I think this is a big deal because you will have instant access to all of your friends who are on Facebook. Does this spell the death of SMS?
Probably not but with this embedded chat application I could definitely see SMS becoming less necessary as your friends become increasingly connected.