I've seen a lot of complaints about the new look of Facebook.  There's even 3 large Facebook Groups against the new layout with almost 5 million members between them (could be some duplicate members - I didn't check).  If you visit any of these groups, almost everyone is demanding that Facebook change it back.  Well, the good news is that, for the most part, you can change it back yourself.  If you want to get away from the confusing News Feeds and get back to your beloved Status Updates, check out this very short video - this is pretty simple :



So to sum it up, go to your Facebook Home page, click "more" at the bottom of the left menu, drag "status updates" to the top of the list, and then click "status updates".  Now things are pretty much back to the way they were and you can enjoy Facebook like you did before.

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UPDATED:

After some input, it turns out the solution above may not be the best.  If Status Updates is the default, you don't see links, images and video.  Therefore, it might be best to make Live Feeds your default.  The problem with the feeds is that they limit the number of friends they show posts for by default.  The good news is that you can change this as well.  Again, here's a video to show how this is done:



To recap,

1. click more on the left menu
2. drag "news feeds" to the top (if it's not already)
3. click "live feed" above your content if "news feed" is currently the default
4. scroll to the bottom of the page and click edit option
5. replace the number of friends with 5000 (the maximum allowed)
6. click save. 

This should be more like the Facebook most of you are used to.