As they say, the proof is in... well the numbers. We're very very early on in the process but consider these stats from some of the initial big brand conversions [not all are positive of course]:
http://mashable.com/2012/03/27/faceb...ds-engagement/
"A researcher reports that brands are getting an average 46% more engagement with Timeline" ... "Schoenfeld’s theory is that the larger images on Timeline are leading to more engagement with visual material"
What this means: what you lose in that default static message you more than gain back with the ability to highlight, pin and draw attention to visual stories and that's the trick of it visuals whether it's photos or videos drive harder. Before you judge your results or the change think about the experience not just in terms of the result you want but how a user is going to actually want to behave to get there.
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