My leaning towards facebook/internet privacy for images of my kids is *not* so much about fear as it is about the feeling that my kids should grow up feeling that they *own* images of themselves and information about themselves as much as is realistic in the internet age.
Personally, I dislike googling myself and finding all kinds of info/pictures I never gave permission to be posted about me . I'd dislike having all my own baby pictures floating out there; I try not to be excessive about putting pics of my own kids out there. I feel that they should have the right to choose how their online identity is created when they are older, not to grow up so much within an identity that their family has created for them online. There is enough of that in real life...just my opinion, though. I do think about my kids' future employers and romantic prospects googling them and somehow finding the stuff I put out there before I publish it.
I should probably go back and edit a lot of info about my kids out of my old mdc posts to be consistent, just in case my identity here is revealed. Someone did recognize me here once, someone I like and trust, but still....
ETA: I always imagine, what if my kid (or some family member close to them) ever became famous (or, gods forbid, infamous?). What dirt could the reporters dig up on 'em? As cute as it is, do I *really* want the pic of my son when he stripped himself down and painted his body all over with bright red paint at the age of two to turn up in his biography or on reality tv someday?