On June 13th, at Midnight eastern time, the social networking site Facebook will allow users, and administrators of fan pages with more than 1000 fans, to register vanity URLS. Here are links to the announcement and to the FAQ for page administrators about the process.
Trademark owners with registrations can register their trademarks with Facebook in order to block potentially infringing URLs from being created. Here is a link to the submission page.
We shall see if this actually becomes an issue similar to cybersquatting in domain names, but due to the shortness of time between now and the 13th I’m posting the information here to help get the word out. Please let me know in the comments below what you think of this process and how Facebook has handled it. Personally, it would have been nice for there to have been more notice.