Interesting enough it's ironic that some people, who's weekend lifestyles leave much to be desired, know they are doing the wrong thing yet get mad when they get punished for it, a la losing a job opportunity. One would think people would avoid such things so that it doesn't affect them in the future but people these days don't think they should be responsible for thier actions.
Stories of college parties where like fantasies I would actually think would never really come true (since I never went to college) until I saw videos on the internet showing these parties uncut. If these parties resemble what's been going on for years or even decades in colleges I can't imagine how anyone could think their wife or husband did not sleep with every person they could during those years and imagine their kids if they found out. Even more employers.
What I am curious though, Facebook is mostly private, people can only see your site if you add them to your freind list, right? Same with Myspace? So how do these employers see their sites?