It’s probably better for app makers and brand pages that benefit from the credibility they get from prominent mentions in your Timeline. And it’s probably also better for people who love to use Facebook to tell the story of their lives.
===> But is it better for you? You’ll have to decide. <===
The idea behind Timeline is: “Tell your life story with a new kind of profile.” Knowing that Facebook’s goal if for you to share your story with the widest possible audience, you should take a few steps to make sure you are only sharing the chapters of your life you really want to.