Yes, Facebook Places is here. You can geo-locate your updates, tag your friends as you would in photos, and state your preferences about the business you’re currently at. Your favorite social network has now contextualized the idea of "putting everyone on full blast" with the Where dimension fully layered into the equation.

Now that the new feature has launched, we’re left with nothing but time to study and analyze its implications as a Facebook-specific dimension. Determining how it will affect the booming geo-location industry, social mobile gaming (or lack thereof), and the value this has for the future of social media marketing. The unifying factor here is social, mobile consumerism, and that has its own set of underlying variables.

It’s only been a day, but here’s a roundup of what we’ve covered for Facebook Places so far. We’ve got the run of the gamut, from extracting its true value as a centralizing platform, to security concerns. And we’ve even displayed a nifty chart for you to contextualize Facebook Places on your own. Go ahead. Get to clicking.

The Teaser: speculation and expectations of the brave new world.

LIVE at the announcement: Foursquare makes the cut, Facebook keeps it social.

Facebook’s official announcement of Facebook Places.

The rising interest in virtual markets for brand marketing.

Privacy advocates quick to attack Facebook Places launch.

The gong is stroked against Facebook Places.

[image via]

Learn more at JESS3.