So I immediately go and click on Manage Friends.
And I get:

Boo. I need to see the new stuff!
I figure I need to refresh my page, and I do, and the first change I see is that Manage friends is now called Sharing settings. It actually makes a lot of sense, I personally use other means of managing my friends, none of which involving mouse clicks. And the changes are of so much impact that I now (5 minutes after the whole thing happened) wonder if it was really called Manage friends before.
I click on that and I get to the good stuff. I am now excited about taking a deeper look into it.
I started to use Google Notebook, loving it more and more every day.