I'd like to have been in the room when that discussion took place.
I personally doubt that I would have cared much for the announcement outside of any interesting context.
Edit: Granted, they relaunched it as a social gaming site, so that signup method makes a bit more sense.
For a second, I thought you were asking if your company's policy was a joke.
Spoiler alert: yes, but it's not funny.
Sadly implemented dumbly; why on earth would I give them offline access to my Facebook account? Or, rather, I understand why, but don't understand why they won't let users try the service first, and then show them what they're missing out on by not granting offline access. Bizarre.
[1] http://global.mol.com/global/portal/en/Default.aspx [2]http://www.molglobal.net/?page_id=1325
Would the site be more successful if they'd chosen a different domain name?
Without a "farmville" styled killer app, Friendster isn't going very far.