Perhaps one of the best features of Facebook Places was not released with the initial launch … Looking back at the Facebook Places official video , the most compelling selling point is that Facebook helps you digitalize your memories. The fact that you can geo-tag and timestamp photos, videos, and comments, allows you to live back any memories, knowing what you saw, how you felt, who you were with …

Imagine if you were in Hawaii for your honeymoon, taking a cruise to all the different islands … now imagine if each photo had a geo-tag, and a time stamp, and you could comment and add your thoughts and feelings … Facebook places would be the platform to help you re-live this experience, follow your path or trace … but also, what if you come back 5 years from now, to the same place … how nice would it be to match it to your previous experiences? Or how about you go to Disney parks, and you need advice on the rides for your new kids … you can see comments your friends made in previous experiences, recommendations, reviews … ditto for restaurants … you get the point.

Facebook hasn’t made it official, but while I was lecturing last night at the Miami Ad School, I checked in, later on visited the place page, and I noticed that there’s a section titled “Photo Memories ”.

Geo-tagging rich content is a huge differentiator against the currently actively vocal by desperation Dennis Crowley, Foursquare’s CEO. Let the memories begin.