Facebook, welcome to Vancouver! Vancouver Film School (VFS) has some great facilities, as you can all see, wish I could have been there. Sadly I missed out, my "2 yr old" is a bit sickly but I managed to catch it via miss604.com's blog – Rebecca Bolwitt does a great job of covering local happenings. if you are in the local tech community and have not added this RSS feed to your reader you are missing out.
If anything else, Facebook is driving development, more so I think than others that have walked this path before, Google comes to mind. This is feeling somewhat reminiscent of the pre-bubble and dot com bust nearly 10 years ago. The excitement has been revived, I just hope there is money at the end of that rainbow. If anything else Facebook applications can be a great marketing platform for the real money apps.